Embarking on a transformative journey, RSWM is expanding the capacity of its knitting unit besides embarking on other gradual capacity expansions. Having ventured the circular knitting fabrics market with an investment of Rs 80 crore, RSWM offers a range of innovative and high-quality knitted fabrics such as Single Jersey, Interlock, Rib, and Fleece at its new venture, LNJ Knits.
RSWM aims to capitalise on the $206 billion global knits market with its 4,800 mmtpa Banswara Plant in Rajasthan. It also aims to acquire an additional capacity of 4,300 mtpa.
The company has improved its denim division significantly and aims to further enhance the capacity of its division. RSWM also plans to foray into the garments segment and modernise equipment across all units. It has earmarked an investment of Rs 410 crore for these expansions.
In FY24, RSWM achieved net sales of Rs 4,057 crore. The company operates 12 manufacturing plants in Rajasthan, equipped with 6.25 lakh spindles, 172 looms, and 95 circular and flat knitting machines, ensuring high-quality textile production and timely global delivery. RSWM's annual production includes 1,21,000 mt of greige yarn, 24,000 mt of melange yarn, 32,000 mt of dyed yarn, 32 million meters of denim fabric, over 9,000 mt of knits fabric, and 43,000 mt of green fiber. The company employs over 10,000 skilled workers across its facilities.
