Published On:August 3 2023
Story Viewed 1213 Times
RSWM Ltd. update on expansion at Unit located at Banswara, Rajasthan.
RSWM Ltd. has inaugurated expansion of Unit located at Lodha Unit, Banswara, Rajasthan by addition of 51,072 Spindles of Compact Cotton Yarn and the same has been made partially operational i.e. 2nd August, 2023.
The Total Spindle capacity of Lodha, Banswara Unit before expansion - 95,376 and 3,120 Open-end Rotors has increased to 4,94,680 and 4,800 Open-end Rotors.
The invetment of Rs. 315.00 Crore was funded through Term Loans from banks Rs.250.00 Crore and Internal Accruals Rs.65.00 Crore.
The expanded project will cater to increasing demand of cotton and cotton blended yarn from existing as well as prospective customers.
EQUITYBULLS