RSWM Strengthens Knitted Fabric Portfolio with Rs 920 Million Modernisation Drive
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In a decisive step toward modernising its textile operations and boosting capacity, RSWM Ltd, the flagship company of the LNJ Bhilwara Group, has announced a strategic investment of Rs 920 million to enhance its knitted fabric production units in Mordi (Rajasthan) and Chhata (Uttar Pradesh). The move, part of the company’s broader strategy to create a future-ready textile enterprise, includes acquiring advanced European-made dyeing, processing, and knitting machinery from Birla Advanced Knits, worth Rs 540 million.
The new machinery, along with accessories and spares, will play a crucial role in upgrading RSWM’s facilities, enabling the company to achieve a 20 percent increase in knitting capacity from 750 MT to 900 MT per month within the next nine months. Beyond capacity expansion, the investment will also introduce a new printed knits product line, allowing RSWM to cater to the fast-growing 30–35 percent segment of the fashion knitwear market, which includes apparel categories such as womenswear, kidswear and loungewear.
Speaking on the development, Riju Jhunjhunwala, Chairman and Managing Director of RSWM Ltd, said that the knitting business has shown steady growth, and this investment reaffirms confidence in its long-term potential. He added that the expansion is aligned with RSWM’s vision of modernisation, diversification, and value creation further reinforcing India’s leadership in global textiles.
Rajeev Gupta, Joint Managing Director, highlighted that the addition of printed knits and modern equipment would significantly enhance RSWM’s ability to deliver premium-quality, value-added fabrics faster and more efficiently. He noted that this upgrade positions RSWM to respond swiftly to evolving global fashion trends and strengthens its competitiveness across 70-plus export markets.
With the global textile industry shifting towards innovation and sustainability, RSWM’s strategic expansion marks a forward-looking move to meet emerging market demands while advancing India’s position in the high-value knitted fabric segment.
02:59 PM, Oct 16
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