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Sangam India Ltd Completes INR1.80 Billion Expansion Project


Tuesday, 29 May 2012 03:41am EDT 

Sangam (India) Ltd. announced that the Company has completed its INR1.8 billion (INR180 crore) expansion project to double its denim capacity to 32 million metres, following the commisioning of its second line of 8 meters. As a part of expansion plan, the Company has set up a two lines of denim for 8 million each. The first line commenced production in november 2001. While the second line commissioned recently. the Company has installed 2,304 rotters for open ended spinning along with of 3000 mtpa knitting capacity and 7200 mtpa texturing yarn capacity at its existing facilities at Bhilwara in rajasthan. The INR1.8 billion (INR180 crore) expansion project has been financed through a mix loan and internal accruals. 

Company Quote

37.25
0.35 +0.95%
17 Apr 2014