A prominent player in the textile industry, RSWM plans to set up a new production unit in Jammu & Kashmir with an investment of Rs 730 crore. Spanning 32 acre, the upcoming facility will expand the region's industrial landscape and contribute to its economic development.
To be operational within the next 18-24 months, the new production facility will manufacture a wide range of textile products, leveraging advanced technology and machinery to ensure high-quality output. The plant will include state-of-the-art infrastructure, adhering to international standards and sustainability practices.
One of the key highlights of this project is its potential to create employment opportunities for around 3,000 individuals. This will not only provide job prospects for the local population but also enhance skill development in the region. The new unit will employ a diverse workforce, including skilled technicians, engineers, and administrative staff, contributing to the socio-economic upliftment of the area.
RSWM's decision to invest in Jammu & Kashmir underscores its commitment to foster industrial growth and supporting the government's initiatives to promote investment in the region. The company's move aligns with broader efforts to stimulate economic activity, attract investment, and develop the region's infrastructure. By setting up this facility, RSWM aims to strengthen its market position, expand its product portfolio, and meet the growing demand for textiles in both domestic and international markets.
