RSWM Limited receives Three Prestigious Recognitions at MATEXIL Export Awards 2023-2024

RSWM Limited, the flagship company of LNJ Bhilwara Group, has been recognized for its outstanding export performance by the Manmade and Technical Textiles Export Promotion Council (MATEXIL), at an industry leading event, the MATEXIL Export Awards 2023-24 in Mumbai.

At the MATEXIL Export Awards 2023-2024, three recognitions were conferred to RSWM by Shri Giriraj Singh, Hon'ble Union Minister of Textiles, Government of India, who had graced the event alongside industry leaders, including Mr. Bhadresh Dodhia, Immediate Past Chairman, MATEXIL, Mr. Shaleen Toshinwal, Chairman, MATEXIL, and Mr. Dhirubhai Shah, Former Chairman, MATEXIL.

RSWM was recognized with:

- Gold in the category of Best Export Performance in Spun Yarn (2023-24)
- Silver in the Best Export Performance category for Man-Made Fibre Yarn Blended with Natural Fibre (2023-24)
- Bronze in the category of Best Overall Export Performance Special Award (2023-24)

Speaking on this achievement, Mr. Rajeev Gupta, Joint Managing Director (JMD), RSWM Ltd. said, "We are elated to have received these recognitions from MATEXIL, which reaffirms our belief that Indian textiles can set global benchmarks. At RSWM, we have always looked beyond just numbers. We see ourselves as torchbearers of innovation, craftsmanship, and resilience. Our consistent leadership in PV and PC spun yarn exports reflects our passion for delivering world-class quality. As we navigate an increasingly competitive and dynamic global landscape, we remain committed to reinforcing India's position in textile exports while recalibrating our focus on profitability and sustainable growth."

This recognition spotlights RSWM Limited's commitment to driving excellence in exports and contributing to India's forex earnings through export-quality yarn production. The organizations continued leadership in synthetic textiles exports, despite industry-wide challenges, highlights its dedication to quality, innovation, and market expansion.

The Manmade and Technical Textiles Export Promotion Council (MATEXIL), formerly known as the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), has been a pivotal force in advancing India's man-made and technical textile exports since its establishment in 1954. As one of the country's oldest export promotion bodies, MATEXIL has played a crucial role in fostering a global outlook among Indian textile exporters. The council actively supports the industry by facilitating trade opportunities, promoting innovation, and organizing its annual Export Awards to celebrate excellence among member exporters in the MMF (Man-Made Fibre) and technical textiles sectors.

Shares of RSWM Limited was last trading in BSE at Rs. 138.65 as compared to the previous close of Rs. 130.00. The total number of shares traded during the day was 18911 in over 464 trades.

The stock hit an intraday high of Rs. 141.40 and intraday low of 132.95. The net turnover during the day was Rs. 2622011.00.

Source : Equity Bulls

Keywords

RSWM INE611A01016 Textiles Recognitions MATEXILExportAwards