Sangam (India) completes Rs 180 crore expansion project

29 May 2012

Sangam (India), a leading polyester-viscose dyed yarn manufacturer has completed its Rs 180 crore expansion project to double its denim capacity to 32 million metres with the commissioning of its second denim line of 8 meters.

As a part of expansion plan, the company has set up a two lines of denim for 8 million each. The first line commenced production in November 2011 while, the second line commissioned recently. The company has installed 2,304 rotters for open ended spinning along with of 3000 mtpa knitting capacity and 7200 mtpa texturizing yarn capacity at its existing facilities at Bhilwara in Rajasthan.

The company has also modernised its processing division by replacing new processing machines. The Rs 180 crore expansion project has been financed through a mix of term loan and internal accruals.

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.

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