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16 | The Textile Magazine NOVEMBER 2011
Starting as a small textile unit in
the then tiny township of Bhilwara
fve decades ago, the LNJ Bhilwara
Group is today counted as amongst
the leading Indian business con-
glomerates. RSWM Ltd. which was
set up in 1961 in Bhilwara today
stands tall as a Rs. 1,974-crore com-
pany.
The Chairman of RSWM Ltd.,
Mr. Ravi Jhunjhunwala, said: “We
are attractively placed to achieve
this target. We enjoy a 35% share
of the polyester yarn segment and a
dominant position in yarn exports,
including special high-value yarns.
We also expect to add sophisticated
spinning equipment that will take
our spindle capacity to 700,000, re-
taining our position as India’s sec-
ond-largest spinning company. We
shall enhance our denim installed
capacity from 14 million metres per
annum to about 18 million metres
and expect to commission a spin-
ning facility dedicated to denim
manufacture strengthening our inte-
gration and proftability. We believe
that this blueprint will enable the
company’s to graduate into a truly
global enterprise over the foresee-
able future.”
Mr. J.C. Laddha, Executive Direc-
Rajasthan Spinning &WeavingMills Ltd., now known as RSWM
Ltd., one of India’s oldest textile companies, aims to turn into a $1
billion conglomerate by 2016. The company has announced an invest-
ment of Rs. 1,500 crores for capacity expansion.
cover story
By K. Gopalakrishnan