Global textile and apparel trade has grown at a CAGR of 4% since 2005 and has reached the level of trade at $823 billion, while the apparel industry is the most traded category with a share of 57% of total trade in T&A. Global T&A is expected to reach $1 trillion by 2025.<\/p>\n\n\n\n
India is the 6th<\/sup> largest exporter of textile and apparel in the world, and the textile industry contributed around 2% of the overall GDP. The domestic T&A industry is worth $106 billion and is expected to grow at a CAGR of 12% to reach $220 billion by 2025-26.<\/p>\n\n\n\n Nandan Terry, part of the Chiripal group, has filed preliminary documents with markets regulator SEBI to raise \u20b9255 crores through an initial public offering.<\/p>\n\n\n\n Nandan Terry is aiming for a fund-raising of \u20b940 crores in a pre-IPO placement, before filing the DRHP, and if it is successful then the company may reduce its issue size.<\/p>\n\n\n\n Nandan Terry plans to use \u20b935.6 crores from the net proceeds towards repayment and prepayment on certain loans availed by them. The remaining funds would be utilized for general corporate purposes.<\/p>\n\n\n\n Nandan Terry formed in 2015, procures cotton bales from domestic and international markets and manufactures cotton yarn, which is in turn used as a raw material in the manufacturing of terry towels & towelling products, and sells woven fabric cloth in the open market manufactured by them.<\/p>\n\n\n\n The Ahmedabad-based company is involved in education, real estate, packaging and chemicals and offers a wide spectrum of manufacturing, contract manufacturing, trading, distribution and service-related activities in sectors like education, packaging, infrastructure, petrochemical etc.<\/p>\n\n\n\n Nandan Terry has international standard quality sales in countries like the United States of America, Canada, Israel, Germany, Hong Kong, Sweden, United Kingdom, Australia etc.<\/p>\n\n\n\n Nandan Terry\u2019s main competitors in the market include Style Textile, Lupo, Nishant Mills, and Banswara Syntex.<\/p>\n\n\n\n Nandan Terry\u2019s revenues from operations for the financial year 2021, was \u20b9538.52 crore with a growth of 25.42% versus \u20b9429.39 crore in fiscal 2020, primarily due to an increase in the sale of cotton yarn, towels and towelling products. The company had a net profit of \u20b923.38 crores compared to \u20b91.2 crores in the previous year.<\/p>\n\n\n\n Meanwhile, the company\u2019s main source of income is derived from cotton yarn and cotton fabric, hence cotton is the primary source of raw material for the manufacturing process in all the divisions.<\/p>\n\n\n\n The weather conditions in India are very unpredictable and this could cause a lot of damage to the cotton crop, and might also increase the prices of existing cotton available in the market.<\/p>\n\n\n\n Nandan Terry is also involved in a lot of international sales. Revenue generated from sales outside India represented around 34.54% in 2021.<\/p>\n\n\n\n Any fluctuations in the currency rate or any major change in the government policy for international trade may affect the ongoing cash flows of the company.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Global textile and apparel trade has grown at a CAGR of 4% since 2005 and has reached the level of trade at $823 billion, while the apparel industry is the most traded category with a share of 57% of total trade in T&A. Global T&A is expected to reach $1 trillion by 2025. India is […]<\/p>\n","protected":false},"author":1738,"featured_media":124093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5748,12,10444],"tags":[8888,9794,2132,9793],"class_list":["post-126175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-other-industries","category-others","tag-apparel-manufacturing","tag-cotton","tag-manufacturing","tag-textile"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":128083,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-sanathan-textiles-files-for-%e2%82%b91300-crore-initial-public-offering\/","url_meta":{"origin":126175,"position":0},"title":"IPO Alert: Sanathan Textiles files for \u20b91,300-crore initial public offering","author":"Nishad","date":"March 2, 2022","format":false,"excerpt":"The textile sector in India plays an important role in the country\u2019s economic activity. Together, the textile, leather and apparel industries contributed around 13% to the gross value added in fiscal 2020. The global textile industry is estimated to have reached $978 billion in fiscal 2021 and is expected to\u2026","rel":"","context":"In "Industrials"","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":151271,"url":"https:\/\/alphastreet.com\/india\/nandan-denim-ltd-q1fy24-84-fall-in-profits\/","url_meta":{"origin":126175,"position":1},"title":"Nandan Denim Ltd Q1FY24; 84% fall in Profits","author":"Karan_Singh","date":"August 4, 2023","format":false,"excerpt":"Nandan Denim Limited is principally engaged in the manufacturing and Sale of fabrics including Denim, Yarn and Shirting etc. Financial Results: Nandan Denim Ltd reported Revenues for Q1FY24 of \u20b9554.37 Crores down from \u20b9779.78 Crore year on year, a fall of 28.91%. Total Expenses for Q1FY24 of \u20b9555.52 Crores down\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-200.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-200.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-200.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-200.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-200.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-200.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":128159,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-fabindia-limited-files-for-initial-public-offering\/","url_meta":{"origin":126175,"position":2},"title":"IPO Alert: FabIndia Limited files for initial public offering","author":"Nishad","date":"March 8, 2022","format":false,"excerpt":"The apparel industry in India is estimated to have grown at a compound annual rate of 10.6% over the past five years and reached \u20b95,561 billion in fiscal 2020. Menswear accounted for 41% of the total apparel market, followed by women\u2019s wear at 37%. Kidswear accounted for the remaining 22%.\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/alphastreet.com\/india\/category\/ipo\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":166487,"url":"https:\/\/alphastreet.com\/india\/alok-industries-ltd-q3fy25-31-fall-in-revenue\/","url_meta":{"origin":126175,"position":3},"title":"Alok Industries Ltd Q3FY25; 31% fall in Revenue","author":"Divyansh_Kasana","date":"January 23, 2025","format":false,"excerpt":"Alok Industries is a textile company with a presence in the cotton and polyester segments. The Company is engaged in manufacturing of textile, including mending and packing activities; leather and other apparel products. Financial Results: Alok Industries Ltd reported Revenues for Q3FY25 of \u20b9864.00 Crores down from \u20b91,253.00 Crore year\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/N.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/N.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/N.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/N.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/N.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/N.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156585,"url":"https:\/\/alphastreet.com\/india\/rupa-24-rise-in-profits\/","url_meta":{"origin":126175,"position":4},"title":"Rupa & Company Ltd Q2FY24; 24% rise in Profits","author":"Chirag Gupta","date":"November 22, 2023","format":false,"excerpt":"Rupa & Company Limited is engaged in the manufacture of knitted apparel, including hosiery. The Company offers textile, leather and other apparel products. Financial Results: Rupa & Company Ltd reported Revenues for Q2FY24 of \u20b9302.00 Crores up from \u20b9286.00 Crore year on year, a rise of 5.59%. Total Expenses for\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-298.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-298.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-298.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-298.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-298.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-298.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":126207,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-capillary-technologies-plans-%e2%82%b9850-crore-public-listing\/","url_meta":{"origin":126175,"position":5},"title":"IPO Alert: Capillary Technologies plans \u20b9850-crore public listing","author":"Nishad","date":"January 6, 2022","format":false,"excerpt":"The global SaaS (software as a service) market grew 22% from \u20b93 trillion in 2015 to \u20b98 trillion in 2020, and it is expected to gain 30% and reach around \u20b923 trillion in the next four years. Indian SaaS companies are expected to generate $30 billion in revenue by 2025,\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/alphastreet.com\/india\/category\/ipo\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/126175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1738"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=126175"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/126175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/124093"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=126175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=126175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=126175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Textile Manufacturing<\/h2>\n\n\n\n
Key Figures<\/h2>\n\n\n\n