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Sangam (India) gets nod for installation of 32832 spindles for manufacture of cotton yarn

22 Jul 2021 Evaluate

Sangam has received approval from board of directors for installation of 32832 spindles for manufacture of cotton yarn at Spinning Unit-II, Village Sareri Bhilwara (Raj), The Total cost of the project will be Rs 137.25 crore which proposed to be funded partly by Term Loans of Rs 102 crore and balance by internal accruals.

Sangam (India) is the largest producer of PV dyed yarn in Asia at a single location. It is also a forerunner in manufacturing ready to stitch fabric.

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