Sangam India invests in wholly-owned subsidiary

Sangam India invests in wholly-owned subsidiary

04 April 2022, Mumbai:

Sangam (India) has invested Rs 7.60 crore in Sangam Ventures, a wholly-owned subsidiary.

Incorporated on December 03, 202l, Sangam Ventures shall set up a world-class plant for seamless garments.

 

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The product range will comprise garments in various blends such as polyamide, spandex, polypropylene, and natural fibres.

The new plant of the WOS is in the process of implementation. Established in 1984, Sangam India.

It is one of the foremost producers in PV dyed yarn, cotton, and OE yarn, and also ready to stitch fabric.

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The NSE & BSE listed company produces 35 million meters of PV fabric and 48 million meters of denim fabric annually.

This magnitude of production is possible with a highly organized production base equipped with more than 2,36,000 spindles and 2300 rotors.

The Group has also introduced a seamless garment manufacturing facility with 52 seamless knitting machines that have the capacity to produce 5.4 million pieces per annum. 

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