RSWM’s Rs 54 Crore Power Play: Modernizing Knitting to Weave Growth and Global Wins

Image Source: Apparel Resources

RSWM Limited is investing Rs 54.11 crore to modernize knitting operations at its Mordi and Chhata units by acquiring advanced machinery from Birla Advanced Knits. This upgrade will increase knitting capacity by 20% within six months, enhance product offerings including printing, and support growth driven by domestic and international demand.

RSWM Limited has announced a significant step towards enhancing its production capabilities by signing an agreement with M/s Birla Advanced Knits Private Limited to purchase dyeing, processing, and knitting machinery. This strategic move targets the modernization of the knitting operations at RSWM’s Mordi and Chhata units, building on their earlier communication about capital expenditure approval.

Key highlights of this development include:

The acquired machinery, along with accessories and spares, will be installed at the Mordi and Chhata units to boost operational efficiency.
The existing knitting capacity is 750 metric tonnes (MT) per month, with capacity utilization ranging between 75 to 80%.
Post-upgradation, the company expects a 20% increase in knitting capacity, lifting it to 900 MT per month within six months.
The investment involved is Rs 54.11 crore, financed through internal accruals and debt.
Modernization includes the addition of dyeing, processing, and knitting machinery plus a new printing facility, vital to meeting rising demands from garment manufacturers domestically and internationally.
Expansion plans are fueled by ongoing free trade agreements (FTAs) and a shifting product mix aimed at offering a complete range of textile products.
The enhanced capacity will improve overall utilization rates and open new growth avenues, aligning well with RSWM’s long-term strategic vision.

This investment follows RSWM’s consistent focus on upgrading infrastructure and expanding its manufacturing footprint to stay competitive and responsive to market demands. The addition of modern machinery and printing capabilities reflects the company's commitment to innovation while catering to a diversified customer base across India and abroad.

By boosting its knitting production capacity and operational efficiencies, RSWM is positioning itself to capitalize on market opportunities, including export growth bolstered by trade agreements. This move also exemplifies RSWM’s approach to sustainable growth through modernization and strategic investments in technology.

The agreement signals positive momentum for RSWM’s knitting business and further strengthens its capabilities in the textile sector.

Sources: RSWM Limited official announcement, Market Screener, Business Standard.

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