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Raymond sees 7% growth in suitings segment
Raymond Textiles is targeting a 7-8 per cent growth in its suitings business next fiscal. Apart from suitings, the other segments under the textiles division include shirtings (fabrics for making shirts), made-to-measure garments and exports. The growth will come organically, including new product ranges. Over the last one year, the company explored new offerings focusing on functionality.
RSWM's $1-bn dream
The esteemed journey of the RSWM Limited (formerly known as Rajasthan Spinning & Weaving Mills Ltd), a LNJ Bhilwara Group company, started in 1961. Since the formation, RSWM has been one of the largest textile manufacturers in India, primarily producing the best quality of yarns like synthetic, blended, mélange, cotton, speciality and value added yarns suitable for suitings, shirtings, hosiery, carpet, denim, technical textiles and industrial applications.