The acquisition include purchase of European-made dying, processing and knitting machinery along with accessories and spares to be installed for modernisation of their operations in Mordi and Chhata.
The investment will be utilised to upgrade and modernise the knitting facilities at Mordi and Chhata, enhancing efficiency and product diversification through the acquisition of advanced machinery from Birla Advanced.
RSWM, the flagship company of the LNJ Bhilwara Group, has announced a strategic investment of Rs 920 million (funded by internal accruals and debt) in the modernisation and addition of printing facilities in knitted fabrics production and operations. The investment, involves the acquisition of advanced machinery worth Rs 540 million from Birla Advanced Knits, and will strengthen RSWM’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 modernisation of their operations in Mordi and Chhata. The expansion will enhance RSWM’s total knitting capacity by 20 per cent 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 per cent fashion knitted market and offer a more diversified, value-added range to domestic and international garment manufacturers.
Speaking about the strategic investment, Riju Jhunjhunwala, Chairman & Managing Director and CEO, RSWM, 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 modernisation, 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.â€
Speaking on the expansion plans, Rajeev Gupta, Joint Managing Director, RSWM, 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 modernisation will improve productivity, quality, and speed-to-market, enabling us to meet the evolving needs of customers in India and abroad.â€
This step is RSWM’s strategy to strengthen their presence in the high-growth knitted fabrics segment, spread across 70+ countries. The move will enable RSWM 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 is confident that this strategic investment will unlock new growth opportunities and reinforce its leadership in India’s evolving textile landscape.