Sangam (India) Ltd. is the flagship company of the Sangam Group, and Rs. 4,000 crores+ business conglomerate that has progressively evolved under the outstanding leadership of Mr. R.P. Soni with business spread across textiles, steel, real estate, power and energy sectors.
Established in 1985, Sangam is today amongst the dominant players in man-made textile sector with integrated presence across the vale chain, from spinning to weaving, to processing and garmenting. Besides, the company is the largest producer of PV-dyed yarn in Asia with manufacturing units located at Bhilwara and Chittorgarh in Rajasthan.
Sangam clocked a turnover of Rs. 1,593.64 crores in 2016-17. With a yarn manufacturing capacity of 83,200 MTPA it is exporting to over 45 countries worldwide. Sangam has total spinning capacity of 2,38,608 spindles, 510 looms, five denim processing lines, 36 seamless garment knitting machines, three texturizing machines and a 31 MW coal-based captive thermal power plant. The company has also 3,128 rotors, 53.40 MMPA fabric processing, 22 knitting machines, 511 MTPA garment processing capacity, a 1 MW captive solar power and a 5 MW wind power plant at Jaisalmer.
Sangam has undertaken capacity expansion projects at an investment of Rs. 135 crores. It is in the process of installing one line of 12 rope indigo dyeing machines, 73 new and 5 old weaving machines at the Denim unit in Bhilwara. The company is also having plans to install balancing and modernized machines at Spinning Unit-1, II and processing units. The entire installations under the expansion programme would be completed by the end of 2017.
Sangam’s textile value chain is fully integrated. The company has invested into backward integration, mainly into cotton and dyed yarn capacities and fabric processing. It has further integrated by venturing into the denim and seamless garment segments.
Sangam is one of the key players in the dyed yarn and fabric manufacturing segment. It has forayed into active wear seamless garments with the launch of its brand C9 in 2015. Today C9 has expanded its range to intimate wear, shape wear, active wear and casual wear among others.
Sangam has also exclusively invested in 36 seamless garment knitting machines with an annual production capacity of 3.6 million pieces. It has opened two exclusive brand outlets, strengthening the existing network of 750 multi-brand outlets across 25 states. The network will be further strengthened to improve visibility of the C9 brand.
The company has floated a 100% subsidiary, Sangam Lifestyle ventures Ltd., to expand its retail business. It has plans to further expand into 2,000 multi-brand outlets along with 100 large format stores and exclusive brand outlets by end of FY2019.
Sangam has been consolidating its presence in the denim fabric segment and exploring opportunities of becoming an efficient denim garment player. It has focussed on expanding capacity by adding 9.6 mmpa, increasing the total capacity to 48 mmpa.