NSEPress Release11 Aug 2026 · 11 Aug 2026, 01:14 pm
Press Release
RSWM Limited · RSWM
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RSWM Limited has partnered with Spain-based Noize Design Studio (NDS9) to establish a joint venture, LNJ NDS9 Global Private Limited, to set up a next-generation garment manufacturing facility in India, with an initial investment of approximately INR 186 crore.
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RSWM Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "RSWM Limited partners with Spain based Noize Design Studio (NDS9) toEstablish Next-Generation Industry 5.0 Green Garment Manufacturing Platform inIndia".
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August 11, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department, Listing Department,
1st Floor, New Trading Ring, Exchange Plaza, C-1, Block - G,
Rotunda Building, P.J. Towers, Bandra-Kurla Complex,
Dalal Street, Bandra (East),
MUMBAI - 400 001 MUMBAI - 400 051
Scrip Code: 500350 Scrip Code: RSWM
Sub: Press Release
Dear Sir/Ma'am,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Press
Release titled “RSWM Limited partners with Spain based Noize Design Studio (NDS9) to
Establish Next-Generation Industry 5.0 Green Garment Manufacturing Platform in
India”.
The above-mentioned Press Release is also being uploaded on the website of the company i.e.
www.rswm.in.
You are requested to kindly take the same in your records.
Thanking you,
Yours faithfully,
For RSWM LIMITED
SURENDER GUPTA
CHIEF COMPLIANCE OFICER & COMPANY SECRETARY
FCS - 2615
rswm.investor@lnjbhilwara.com
Encl: As above
(Formerly Rajasthan Spinning & Weaving Mills Limited)
Corporate Office: Regd. Office:
Bhilwara Towers, A-12, Sector-1 Kharigram, P.O. Gulabpura – 311 021
Noida-201 301 (NCR-Delhi), India District Bhilwara, Rajasthan, India
Tel. : +91-120-4390300 (EPABX) Tel.: +91-1483-223144 to 223150, 223478
Fax : +91-120-4277841 Fax: +91-1483-223361, 223479
Website : www.rswm.in Website : www.rswm.in
GSTIN:09AAACR9700M1Z1 GSTIN:08AAACR9700M1Z3
Corporate Identification Number:L17115RJ1960PLC008216
RSWM Limited partners with Spain based Noize Design Studio (NDS9) to Establish
Next-Generation Industry 5.0 Green Garment Manufacturing Platform in India
RSWM Limited and Spain based Noize Design Studio (NDS9) have entered into a Joint Venture
Agreement to establish LNJ NDS9 Global Private Limited.
RSWM and NDS9 will hold equity in the joint venture in a 74:26 ratio, respectively.
The joint venture will establish India's first Next-Generation Industry 5.0 garment manufacturing
facility, with an initial investment of approximately INR 186 crore.
New Delhi, 11th August 2026: RSWM Limited, the flagship company of the LNJ Bhilwara Group and one
of India's leading textile manufacturers, today announced a Joint Venture with Barcelona-based Noize
Design Studio (NDS9), an apparel design, product development and global marketing company, to
establish a design-led, integrated garment manufacturing platform in India focused on premium denim
and activewear for leading international apparel brands.
The joint venture will establish a state-of-the-art green garment manufacturing facility in India. Designed
around Industry 5.0 principles, the facility will integrate advanced automation, latest-generation
technology, digital manufacturing, artificial intelligence, sustainability and human-centric operations to
create one of India's most advanced and future-ready apparel manufacturing campuses.
Phase 1 will have an installed capacity of 500,000 denim garments per month. Phase 2 will add an
additional 10,00,000 denim/activewear garments per month, taking the total installed production
capacity to 1.5 million garments per month. The initial investment for Phase 1 is estimated at
approximately INR 186 crore
Speaking on the occasion, Mr. Riju Jhunjhunwala, Chairman & Managing Director, RSWM Limited, said,
"This joint venture marks an important milestone in RSWM's journey towards becoming an integrated,
value-added apparel company. By combining our manufacturing expertise with NDS9's design innovation
and global market capabilities, we are creating a future-ready manufacturing platform built on Industry
5.0 principles, innovation and sustainability. The platform reflects our continuing commitment to green
manufacturing, and we look forward to creating meaningful value for the nation and the world at large."
Under the agreement, RSWM Limited will lead manufacturing, plant operations, procurement, quality
systems and supply chain management, leveraging its decades of expertise in textiles and apparel
manufacturing.
NDS9 will lead design, trend forecasting, sales and marketing, product development, merchandising,
customer engagement and international business development, drawing on its design studios and fashion
expertise across Europe, North America and Asia.
Mr. Rajeev Gupta, Joint Managing Director, RSWM Limited, added, "The project reflects our vision of
building a next-generation garment manufacturing ecosystem. RSWM will lead manufacturing, plant
operations, procurement and supply chain. The facility has been structured in two phases, denim followed
by knits, with rooftop solar built in from the start, and we look forward to bringing the same operational
discipline to this project that runs across our existing units. Through this partnership, we aim to deliver
world-class quality, innovation and sustainable manufacturing while strengthening India's position as a
preferred global apparel sourcing destination."
Mr. Anurag Chauhan, Founder & Chairman, Noize Design Studio (NDS9), said, "This partnership brings
together NDS9's global design expertise with RSWM's manufacturing excellence to create a globally
competitive, integrated platform for premium apparel. Together, we will deliver innovative, sustainable
and technology-driven solutions for leading international fashion brands."
Mr. Aryash Chauhan, Managing Director, Noize Design Studio (NDS9), added, "NDS9 has always been a
design-first organisation, helping global brands transform emerging fashion trends into commercially
successful products with speed and precision. Together, we will offer customers a fully integrated
solution—from concept and design to sustainable, large-scale production—while accelerating India's
emergence as a preferred destination for premium apparel sourcing”.
About RSWM Limited (BSE: 500350, NSE: RSWM):
RSWM Limited, the flagship company of the LNJ Bhilwara Group, is one of India's leading manufacturers
and exporters of synthetic, cotton and blended yarns, mélange yarns, knitted and denim fabrics. Under
the leadership of Mr. Riju Jhunjhunwala, Chairman & Managing Director, and Mr. Rajeev Gupta, Joint
Managing Director, the company exports its products to over 70 countries across the globe.
RSWM operates 12 manufacturing facilities equipped with 5.47 lakh spindles, 6,120 rotors and 178 looms.
The company has an annual production capacity of 32 million metres of denim fabric, 12,000 MT of knitted
fabric and 48,517 MT of Green Fibre® recycled polyester. Driven by its sustainability-first approach, RSWM
recycles over 20.5 lakh KL of water annually, sources nearly 70% of its energy from renewable sources,
has reduced Scope 2 CO₂ emissions by 18.1%, and recycles approximately 6.5 million PET bottles every
day. For more information, please visit www.rswm.in
About LNJ Bhilwara Group:
LNJ Bhilwara Group is recognised as one of India’s credible and influential conglomerates. Leveraging its
rich legacy spanning over six decades, the group has successfully diversified its portfolio, generating an
annual revenue of USD 1.2 billion. From a humble beginning in the textiles sector, the group has expanded
its presence in various sectors, including graphite electrodes, power generation, IT-enabled services,
power engineering consultancy, energy storage solutions, and skill development. At present, the LNJ
Bhilwara group encompasses 22 companies across sectors, with 5 of them listed on the Indian stock
exchanges. Its production units and corporate offices are spread across 41 locations in India, employing
over 28,000+ people across its businesses.