RSWM Ltd, the flagship company of the LNJ Bhilwara Group, has announced a strategic investment of Rs 92 crore (funded through 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 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 includes 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% 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, value-added range to domestic and international garment manufacturers.
Speaking about the strategic investment, 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, 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 strategic expansion strengthens RSWM’s presence in the high-growth knitted fabrics segment, which serves over 70 countries. With increasing demand for high-quality, value-added fabrics across fashion categories such as kidswear, womenswear, and loungewear, the company aims to leverage this investment to unlock new growth opportunities and reinforce its leadership in India’s evolving textile landscape.
