In 2006, Oswal Group entered the realm of weaving with a ground-breaking facility in Maharashtra. This endeavour was established through a joint venture with F.M. Hammerle, an Austrian company with a prestigious history in premium yarn dyed shirting since 1836. The success of this venture prompted the acquisition and subsequent merger of FM Hammerle with the facility in Kohlapur, solidifying the group's position in the weaving segment.