Reliance Chemotex Industries Ltd (RCIL), incorporated in 1977 in Maharashtra, specializes in the manufacturing and sale of synthetic and blended yarn. The company commenced commercial production in 1979 and has progressively expanded its capacity over the years. Notable expansions include increasing spindle capacity to 17,280 by 1996 and further to 14,976 spindles by 2009. RCIL has focused on modernization and expansion, supported by financial instruments such as non-convertible debentures and cumulative preference shares.
In 2010, the company established a 135 MW captive power plant in Bikaner, Rajasthan, enhancing its operational efficiency. RCIL's continued growth strategy includes a significant expansion project initiated in the financial year 2021-22, with a projected cost of approximately 100 crores. This expansion underscores its commitment to augmenting production capabilities and market presence in the synthetic yarn industry.
