On 02 August, 2023, RSWM has inaugurated and partially operationalised its expanded manufacturing facility at Lodha in Banswara, Rajasthan, with a capacity addition of 51,072 spindles of compact cotton yarn.
The total spindle capacity of all the existing units is 4,94,680, and 4,800 open-end rotors. Before expansion, the Lodha unit had a total spindle capacity of 95,376 and 3,120 open-end rotors.
Of the Rs 315.00 crore cost of expansion, RSWM has funded Rs 250.00 crore through term loans from banks, and Rs 65 crore from internal accruals.
With this, the expansion will cater to the growing demand of cotton and cotton-blended yarn from teh company's existing and prospective customers.