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Sangam India bags exports orders worth Rs 35 crore

03 Nov 2016 Evaluate

Sangam (India), a leading integrated textile conglomerate in India, has bagged new export orders amounting Rs 35 crore for polyester-viscose fabrics and denim. These new export orders are from Egypt, Saudi Arabia, Latin American and Afghanistan and are to be executed in the next four months. Contribution of exports in the denim business has grown from mere 5 per cent to 30 per cent in the last 18 months. As on date, the company’s pending order book position stands at Rs 238.22 crore. Of which Rs 125.60 crore pertain to exports. The company is targeting export revenue of Rs 450 crore in the current financial year.

Sangam India is among the top three producers of PV dyed yarn in India with total spindleage of 201,216 numbers. The company also has 30 million metres per annum (mmpa) ready-to-stitch fabric manufacturing capacity, a 52mmpa fabric processing capacity and 40mmpa denim fabric manufacturing capacity.

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