RSWM Ltd. acquires advanced machinery from Birla Advanced Knits Pvt. Ltd. to expand its LNJ Knits Business

RSWM Ltd. (BSE: 500350 / NSE: RSWM), the flagship company of the LNJ Bhilwara Group, has announced a strategic investment of ₹92 crore (funded by internal accruals and debt) in the modernization and addition of printing facilities in knitted fabrics production and operations. The investment, involves the acquisition of advanced machinery worth ₹54 crore from Birla Advanced Knits Pvt. Ltd., and will strengthen RSWM Ltd.'s capacity at its LNJ Knits units located in Mordi (Rajasthan) and Chhata (Uttar Pradesh).

The acquisition include purchase of European-made Dying, Processing and Knitting Machinery along with accessories and spares to be installed for modernization of their operations in Mordi and Chhata. The expansion will enhance RSWM's total knitting capacity by 20% from 750 MT to 900 MT per month over the next 6 to 9 months. The upgrade adds a printed knits product line, allowing RSWM to cater the 30-35% fashion knitted market and offer a more diversified, valueadded range to domestic and international garment manufacturers.

Speaking about the strategic investment, Mr. Riju Jhunjhunwala, Chairman & Managing Director and CEO, RSWM Ltd., said, "The knitting business has shown consistent growth since inception, and this investment reflects our confidence in its long-term potential. The expansion aligns with RSWM's broader strategy of building a future-ready textile enterprise through modernization, diversification, and value creation. By strengthening our capabilities in Mordi and Chhata, we are enhancing our competitiveness and supporting India's vision of textile leadership on the global stage."

Speaking on the expansion plans, Mr. Rajeev Gupta, Joint Managing Director, RSWM Ltd., said, "This strategic investment reinforces our commitment to innovation-led growth. By expanding capacity and introducing printed knits, we are positioning RSWM's knitting business to serve emerging fashion categories with agility and precision. The modernization will improve productivity, quality, and speed-to-market, enabling us to meet the evolving needs of customers in India and abroad."

This step is RSWM Ltd.'s strategy to strengthen their presence in the high-growth knitted fabrics segment, spread across 70+ countries. The move will enable RSWM Ltd. in catering to the growing demand for high-quality, value-added fabrics across fashion segments such as kidswear, womenswear, and loungewear. Supported by ongoing global push for Free Trade Agreements (FTAs) and rising global demand for versatile fabrics, RSWM Ltd. is confident that this strategic investment will unlock new growth opportunities and reinforce its leadership in India's evolving textile landscape.

Shares of RSWM Limited was last trading in BSE at Rs. 142.65 as compared to the previous close of Rs. 144.00. The total number of shares traded during the day was 442 in over 19 trades.

The stock hit an intraday high of Rs. 144.70 and intraday low of 141.05. The net turnover during the day was Rs. 62755.00.

Source : Equity Bulls

Keywords

RSWM INE611A01016 Acquisition AdvancedMachinery LNJKnitsBusiness Expansion