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Our Journey

Discover the defining milestones that shaped our journey. from a single textile unit to a diversified group powering India’s growth story.

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From 1909 to Today

Founded in 1909, Swan Corp has stood at the heart of India’s industrial journey for over a century. The group has evolved from a single textile unit into a diversified industrial conglomerate with interests across textiles, real estate, energy, shipbuilding and heavy engineering.

2021-2026

Textile division processing capacity increases from 2 Mn metres to 3 Mn metres per month.
Launch of Cardinal One, a luxury residential project in Bengaluru.
Swan Energy Limited wins NCLT approval for the acquisition of RNEL.
The group acquires a majority stake in Veritas (India) Limited, strengthening trading & distribution presence in petroleum and petrochemicals.
Swan Energy takes management control of RNEL to restore Pipavav Shipyard in Gujarat.
Post RNEL’s acquisition, India’s largest shipyard resumes trading on BSE/NSE as Swan Defence and Heavy Industries Limited (SDHI).
Swan Realty’s luxury residential project, Cardinal One, in Bengaluru, fully booked.
Swan Energy Limited renamed - as Swan Corp Limited” with “Launch of new identity.
Wins India's first-ever chemical tanker order & one of the largest commercial shipbuilding deals for six 18,000 DWT vessels from European shipowner Rederiet Stenersen AS.
Secures a prestigious export order from the Government of Sultanate of Oman for a Training Ship.

2011-2020

Textile division commissions a new state-of-the-art processing unit in Ahmedabad with a capacity of 2 Mn metres per month.
The Realty division delivers the residential project Ashok Gardens at Sewri, Mumbai.
Swan LNG initiates work on an FSRU-based LNG terminal at Jafrabad, Gujarat.
Realty division completes 2.95 lakh sq. ft. tower in Bengaluru, leased to Harman Connected Services.
Realty division completes 2.17 lakh sq. ft. at Kurla IT Park, leased to Equinox Business Parks.
Swan LNG begins port development for the LNG terminal in Jafrabad, Gujarat.
Realty division completes 2.91 lakh sq. ft. Technova Business Park in Hyderabad, leased to Google.
Textile division certified under the Organic Cotton Standard (OCS) & Global Organic Textile Standard (GOTS).
Marking a pivotal milestone in the nation’s energy infrastructure, Swan LNG welcomes the first Indian‑flagged Floating Storage and Regasification Unit (FSRU), built by Hyundai Heavy Industries, Korea.

2004-2008

Realty division partners with Piramal Holdings Ltd. to develop land in Mumbai.
Swan Mills, renamed as Swan Energy Limited, marking the group’s strategic expansion into the energy sector.
Realty division completes 2.76 lakh sq. ft. IT Park towers in Kurla, Mumbai. Incorporates Cardinal Energy and Infrastructure Pvt. Ltd.

1992

Originally incorporated in 1909, the textile business is established as Swan Mills Limited in 1992. The facilities included spinning, weaving and processing operations located in Sewri and Kurla in Mumbai.
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