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RSWM's Kanya Kheri plant goes operational
11
Jun '15
A view of Kanya Kheri plant
A view of Kanya Kheri plant
RSWM, owned by textile-to-power conglomerate LNJ Bhilwara Group, has commenced commercial production at its new Kanya Kheri plant in Bhilwara district of Rajasthan.
 
The new plant, set up at a cost of Rs 182 crore, will increase the company’s yarn production capacity by 5,400 tonnes per year and will provide employment to 750 people.
 
The plant will also help RSWM to earn annual revenue of Rs 180 crore from its production of cotton and cotton blended melange yarn.
 
“The new plant in Rajasthan has an installed capacity of 25,920 spindles. The state-of-the-art infrastructure is 64 metres wide and with this plant at Kanya Kheri, RSWM will now have a total capacity of 5.05 lakh spindles,” said SC Garg, CEO, Melange Yarn-RSWM, in a statement.
 
Riju Jhunjhunwala, managing director, RSWM, said, “We are pleased to announce the strategic expansion of RSWM with the launch of Kanya Kheri plant, which will help us scale up our production capacity and help in our export commitments. What is good, this will also help to create job opportunities for locals.”
 
RSWM produces all types of spun yarn which is sold in domestic and international markets. Additionally, it has 154 looms and produces 17 million metre polyester viscose blended suiting annually which is marketed under the brand Mayur Suitings.
 
The company also produces denim fabrics on 86 looms with annual production of 16 million metres.
 
RSWM supplies its yarns to several well-known companies including Raymonds, Uco Denim, D’ Decor, Arvind, Siyaram Silk Mills, Welspun Group, and Alok Industries.
 
The Rs 7,000 crore LNJ Bhilwara Group is one of the largest exporters of synthetic spun yarns. (RKS)
 

Fibre2fashion News Desk - India


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