Investment of Rs. 500 Crores to Boost Production Capacity
Sangam India Limited, a leading textile manufacturer, has announced a strategic investment of Rs. 500 crores to expand its production capacity in yarn and synthetic fabric. Dr. S. N. Modani, Managing Director & CEO of Sangam India Limited, shares insights into the company’s ambitious growth plans and its vision for the future.
Expansion Plans
Dr. Modani explains, “Out of the total investment, Rs. 344 crores will be allocated to spinning and yarn manufacturing, while Rs. 160 crores will be directed towards synthetic fabric manufacturing. Currently, Sangam has a spinning capacity of 297,744 spindles, which will be increased to 306,864 spindles. The number of rotors will grow from 2,664 to 5,064, and knitting capacity will expand from 26 to 32 machines. Post-expansion, the spinning capacity will rise from 103,140 MTPA to 112,440 MTPA. The yarn project is expected to be completed by early FY26.“
Furthermore, Dr. Modani highlights the expansion in synthetic fabric weaving capacity: “Sangam’s synthetic fabric weaving capacity will increase from 562 to 642 machines. Upon completion, the weaving capacity will grow from 48 MMPA to 65 MMPA. This project is slated for completion by the end of FY25.”
Legacy of Quality and Innovation
Established in 1984, Sangam India Ltd. has consistently been at the forefront of the textile industry. “We are one of the foremost producers in PV dyed yarn, cotton, and OE yarn, as well as ready-to-stitch fabric. Our seamless garment manufacturing facility further underscores our commitment to innovation and quality,” says Dr. Modani. “Sangam is strategically positioned as a premier textile manufacturer, recognized for exceptional quality and diverse product offerings. Our strategic focus has always been on providing tailored solutions to meet the distinct needs of our customers.“
Sangam’s vertical integration, from yarn to fabric and garments, allows it to maintain stringent quality control and meet demanding customer specifications. “Having complete control over the production process enables us to deliver the highest quality products and ensure timely deliveries,” Dr. Modani adds.
Moving Up the Value Chain
As part of its growth strategy, Sangam is increasingly focusing on value-added products. “We have been moving up the value chain and increasing the proportion of fabric and garments in our product mix. Currently, 53% of our product mix comprises value-added products. Going forward, we are committed to increasing this further,” Dr. Modani states.
With its significant investment in expanding production capacity and a strong focus on innovation and quality, Sangam India Limited is well-positioned to achieve its ambitious target of Rs. 4000 crores turnover by 2026. Dr. Modani concludes, “We are excited about the future and confident in our ability to meet the evolving demands of our customers. Our commitment to excellence and sustainable growth will continue to drive our success in the textile industry.“
