Sangam India invests big in yarn & synthetic fabric production

Textile leader Sangam India is investing Rs 500 crore into expanding yarn and synthetic fabric production. This strategic move aims to solidify their position in the industry. The Rs 344 crore dedicated to yarn production will increase spindle capacity by 9,120 and rotors by 2,400.

Synthetic fabric manufacturing receives Rs 160 crore, expanding weaving machines by 80 and boosting capacity from 48 million meters per annum MMPA to 65 MMPA.

Since 1984, Sangam has been a frontrunner in textiles. They are known for leading production in PV dyed yarn, cotton, and OE yarn; offering ready-to-stitch fabrics; owning a seamless garment manufacturing facility.

Their vertical integration, controlling yarn to garment production, allows stricter quality control and meeting specific customer needs. Sangam is strategically focusing on value-added products, currently at 53 per cent of their product mix. They plan to further increase this percentage.

With this significant investment and focus on innovation, Sangam is well on its way to achieving its Rs 4,000 crore revenue target by 2026. They are confident in their ability to meet evolving customer demands and ensure continued success in the textile industry.