Home / Knowledge / News / Textiles / Rajasthan Spg & Wvg to invest Rs 15bn for capacity expansion
Rajasthan Spg & Wvg to invest Rs 15bn for capacity expansion
14
Sep '11
Rajasthan Spinning & Weaving Mills (RSWM) Limited, the flagship company of LNJ Bhilwara Group, plans to enhance its production capacities with an investment of Rs. 15 billion.

The Bhilwara-based textiles firm is also planning to set up a denim production plant in its bid to become a US$ 1 billion company by 2016.

Most of the Rs. 15 billion investment will be utilized in increasing the production capacity of yarn. The company plans to increase its spindle capacity to 700,000 by adding new sophisticated spinning machinery. It will also enable the company to retain its position as the country's second biggest spinning company.

RSWM is one of the largest producers and exporters of polyester viscose blended yarn in the country. It has a 35 percent share in the polyester yarn segment, and enjoys a leading position in yarn exports, which includes special high-value yarns.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search