# 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.

- Type: Expansion
- Announced: 2021-12-05
- Where: India
- Value: $93.0M (7.00B INR)
- Starts operating: Apr 2022
- Status: announced
- Capacity: 400 tonnes per month (phase I), 1000 tonnes per month (full)
- Products: knitted fabric, synthetic and blended spun yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [RSWM Ltd](https://endata.com/companies/57421.md)
- [LNJ Bhilwara](https://endata.com/companies/59447.md) (partner)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/rswm-to-foray-into-knitted-fabric-to-pump-rs-700-crore-in-2-3-years/articleshow/88103695.cms), 2021-12-05: "We have earmarked Rs 200 crore for the segment and are currently investing Rs 80 crore in plant and machinery in our existing facility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.