Home / Knowledge / News / Textiles / We will cross Rs 11 bn in revenues – MD, Sangam (India)
We will cross Rs 11 bn in revenues – MD, Sangam (India)
Dec '10
Mr SN Modani, MD, Sangam (India)
Mr SN Modani, MD, Sangam (India)
“We will cross Rs 11 billion in revenues for the current fiscal, up from Rs 8.52 billion in the previous fiscal year”, said a top official of the Bhilwara based; Sangam (India) Ltd, without mincing words. This means a phenomenal year-on-year jump of 29 percent.

However, Mr SN Modani, the dynamic Managing Director of the Bhilwara based Sangam (India) Ltd., does not foresee any hindrances in touching the figure.

Sangam (India) has one of the largest units in India to produce dyed yarn using state-of-the-art machinery. The company exports its premium product range to Turkey, Belgium, Spain, Middle-East, and various other countries. It is also an ISO 9001:2000 certified company producing the world's finest fabrics, including denim.

Speaking exclusively to fibre2fashion, Mr Modani said, “The company will be able to cross the turnover of Rs 11 billion since it has already crossed more than Rs 5 billion in the first six months and we do not foresee any hindrance in fulfilling the targets and are sure to touch the figure”.

“The textile market is good and due to shortage of raw material in the world and comparatively better availability in India, the textile sector will grow. Sangam has already completed a major expansion in 2007-08 and today has a sizeable market share in P/V dyed yarn. Denim capacity has also increased to 20 million meter per year”, he noted.

Informing about their exports, he said, “The export market is good and we will be achieving export turnover of Rs 2.6 billion during this financial year in which, yarn constitutes major portion of the export revenue”.

When asked for current trends in the denim market, he said, “Customer choices are changing frequently. Stretch fit / comfort stretch fit products are widely accepted now which was not accepted in men's segment. More and more people are opting for it because of its comfort to wear and maintain. More values are added through different cast and optics of fabric after wash. The market potential is increasing and growth is expected around 8 – 9 percent year on year”.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Manuj Terapanthi

Transparent supply chain and fair trade will boost sustainable market

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search