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Sangam India secures order worth Rs 63 crore from NHAI

11 Jan 2012 Evaluate

Sangam India, one of the leading textile companies in Polyester Viscose (PV) dyed yarn segment in India, has bagged an order worth Rs 63 crore from National Highway Authority of India (NHAI) for a toll road collection booth at Panvel, JNPT section of NH48. The company will operate two toll stations at Chirle and Karanjade for the toll collection.

The company has several brands such as Savana, Wills & Scott, Cavalier, Signet and Linovita under its fold. It recently launched a new anti-bacterial and anti-moisture range Glacier.

Sangam (India) is one of the leading manufacturers of synthetic and blended dyed/grey spun yarn and fabrics in the country. The company also has its presence in the cotton yarn spinning and knitting, fabric processing and flock fabrics manufacturing segments apart from a denim manufacturing plant with processing facilities.

Peers
Company Name CMP
Vardhman Textiles 553.55
Welspun Living 198.60
Arvind 555.00
Raymond Lifestyle 670.50
K.P.R. Mill 1108.40
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