The Rs 7000-cr textile to power conglomerate LNJ Bhilwara Group has announced a consolidation of its flagship textiles company RSWM, with merger of Cheslind Textiles Ltd and expansion of its plant at Kharigram unit.
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Coimbatore district, known as the textile hub of Tamil Nadu or is called as the ´Manchester of South India´, has over 900 textile mills, 7 million spindles, 1 lakh rotors, 2 lakh powerlooms, 99,000 automatic shuttle looms, 59,000 plain looms, 39,000 semi-automatic looms, and over 70 per cent of machinery, spares & accessories, rotors, etc.