Siyaram’s is targetting a turnover of Rs. 1,850 crores for 2017-18, out of which Rs. 1,420 crores would come from fabric, Rs. 400 crores from garment and Rs. 30 crores from yarn dyeing. The company clocked a total turnover of Rs. 1,571 crores during 2016-17.
Siyaram’s is one of the largest producers of polyester viscose blended fabrics selling over 85.26 million meters of fabrics annually. The company also sells 1.28 million kg of dyed yarn and 5.25 million garment units annually. In 2015-16, it installed 78 airjet looms and 165 stitching machines along with balancing equipments for a total outlay of Rs. 4,771 lakhs, under the TUF Scheme.
Siyaram’s offers a very wide range of products to cater to every strata of society, all distributed through a very strong network. With its strong brand image, newly-acquired brands like CADINI and its dynamic marketing strategies, the company is all geared up to raise the bar for all-round growth. It has completed its expansion projects and is in the process of becoming a composite mill set to embark on a backward integration project.
Siyaram’s is India’s largest producer of blended high fashion suiting/shirting fabrics, manufacturing over 60 million metres of fabric annually. The company’s state-of-the-art manufacturing plants are located at Tarapur, Daman and Silvassa.