StockWatch
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Other Textile Products
Business Update1 Sept 2026, 06:41 pm

R&B Denims Subsidiary Starts Polyester Yarn Production

AI Summary

R&B Denims Ltd announced that its subsidiary, Ricon Industries, is expanding its business scope into polyester yarn manufacturing. Commercial production is set to commence on September 30, 2026, at their Surat facility. This move represents a forward integration strategy, aiming to enhance value proposition, improve margins through vertical integration, and tap into the growing apparel export market. Ricon Industries has already invested approximately ₹25 crores as initial capital outlay, with further funding planned through internal accruals and/or debt. The company anticipates benefits such as better margins, access to global brands, potential B2C expansion, and diversification of revenue streams.

Key Highlights

  • Subsidiary Ricon Industries enters polyester yarn manufacturing.
  • Commercial production to start September 30, 2026.
  • Initial investment of ₹25 crores made.
  • Strategic move for vertical integration and margin improvement.
  • Aims to tap export markets and diversify revenue.