RSWM Invests Rs 92 Cr To Expand LNJ Knits Capacity
RSWM Ltd., the flagship company of the LNJ Bhilwara Group, has announced a strategic investment of Rs 92 crore to modernize and expand its LNJ Knits operations. The investment, funded through internal accruals and debt, includes the acquisition of advanced machinery worth Rs 54 crore from Birla Advanced Knits Pvt. Ltd.
The newly acquired European-made dyeing, processing, and knitting equipment will be installed at RSWM’s facilities in Mordi (Rajasthan) and Chhata (Uttar Pradesh). The expansion aims to enhance efficiency, diversify product offerings, and increase production capacity by 20% from 750 MT to 900 MT per month, within the next 6–9 months.
The modernization will also enable RSWM to introduce a printed knits product line, catering to the fast-growing fashion knits segment, which accounts for nearly 30–35% of the market. This will allow the company to offer a wider range of value-added fabrics for both domestic and international garment manufacturers.
Commenting on the development, 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 our strategy of building a future-ready textile enterprise through modernization, diversification, and value creation.”
Rajeev Gupta, Joint Managing Director, RSWM Ltd., added, “By expanding capacity and introducing printed knits, we are positioning our knitting business to serve emerging fashion categories with agility and precision. The modernization will improve productivity, quality, and speed-to-market.”
The move strengthens RSWM’s position in the high-growth knitted fabrics segment, where the company already exports to 70+ countries. With global demand for high-quality, versatile fabrics rising and multiple Free Trade Agreements (FTAs) in progress, RSWM expects the investment to unlock new opportunities in kidswear, womenswear, and loungewear categories, reinforcing its leadership in India’s evolving textile industry.
