RSWM to invest Rs 700 crore in knitted fabric and other projects

RSWM Ltd, part of the LNJ Bhilwara group, announced a foray into knitted fabric with a Rs 200 crore investment, including Rs 80 crore for a plant at its existing facility. The company plans total capex of Rs 700 crore over 2-3 years for new, upgradation, and debottlenecking projects.

“We have earmarked Rs 200 crore for the segment and are currently investing Rs 80 crore in plant and machinery in our existing facility.”timesofindia.indiatimes.com

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• timesofindia.indiatimes.comRSWM to foray into knitted fabric, to pump Rs 700 crore in 2-3 years - Times of IndiaPTIDec 5, 2021

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