Synthetic Fiber Industry in India

The synthetic fiber industry is an industry that has emerged by breaking the dominance of natural fibers in the textile industry in India. This is an industry that has grown rapidly in India in the last three decades. The change in India has also been in step with the changes that have taken place globally. The inability of cotton clothes to meet the increasing demand of the people paved the way for the growth of synthetic fibers. Their ease of use and durability have increased their influence. However, synthetic fibers have not experienced the growth that they have experienced in other parts of the world. Their growth has been controlled to some extent by imposing strict restrictions on imports and levying excise duty on domestic producers. The government took this step to protect our traditional cotton farmers. Polyester, rayon, nylon, and acrylic fibers are examples of synthetic fibers.

Leading Synthetic Fiber Companies with Highest Sales

• Bombay Dyeing

Mr. Nowrosjee Wadia established Bombay Dyeing in 1879. Bombay dyeing is one the leading synthetic fibers manufacturers in India. The company is also one of the largest producers of textiles, apparels and garments in India. The headquarters of the company is situated in Mumbai, India.

• Reliance Industries Limited (RIL) 

Dhirubhai Ambani established the synthetic fibre manufacturing company as a subsidiary of Reliance Industries Limited in 1973. The headquarters of company is located in Mumbai, Maharashtra. Reliance Industries Limited is one of the biggest synthetic fiber manufacturers of indian textile industry. It is also one of the leading synthetic fiber manufacturer in the world. RIL manufactures a variety of synthetic fibers, including nylon, polyester, and other specialized fibers.

• SRF Limited

SRF Limited is a multi-business chemicals conglomerate engaged in the manufacturing of industrial and specialty intermediates. SRF produces synthetic coated fabrics using polyester based fabrics. The company was established in 1970. It's headquarters is located at Gurgaon, India.

• Indorama Ventures

The subsidiary of Indorama Ventures, Indo Rama Synthetics (India) Limited offers a wide variety of high quality products. They are one of the leading synthetic fiber manufacturers of indian textile industry. Indorama Ventures is established in 1994 and is headquartered at Bangkok, Thailand.

• Grasim Industries

Since its inception in 1947 as a textile manufacturer, Grasim is manufacturing textile raw materials. They are the leading global producer of Cellulosic Fibres, Diversified Chemicals, Fashion Yarn and Fabrics producer in India. The company is is headquartered at Mumbai.