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Sangam (India) profits surge 229.77%
30 Apr '11
4 min read
This expansion project will be funded through internal accruals and debt. The project will be completed by December 2011. On completion of this expansion project, the company hopes to enter value added products and targets to generate Rs 250-275 crore additional annual revenue. Meanwhile, the company has completed its Rs 35 crore denim capacity expansion project in November 2010.
Other Highlights
? The company has recently signed Bollywood actor Suniel Shetty and cricketer Virat Kohli as its brand ambassadors.
? The company launched exclusive wedding and festival collection called Linovita. The Linovita wedding collection comprises of premium range of PV-blended fabrics specially designed set addressing the burgeoning demands of a marriage season.
? The company controls 26 % ownership in BOT Road Project of Keti Sangam Infrastructure Ltd. Further, the company been awarded four toll collection projects for a period of 12 months commencing from December 12, 2010 by NHAI.
Other Highlights
? The company has recently signed Bollywood actor Suniel Shetty and cricketer Virat Kohli as its brand ambassadors.
? The company launched exclusive wedding and festival collection called Linovita. The Linovita wedding collection comprises of premium range of PV-blended fabrics specially designed set addressing the burgeoning demands of a marriage season.
? The company controls 26 % ownership in BOT Road Project of Keti Sangam Infrastructure Ltd. Further, the company been awarded four toll collection projects for a period of 12 months commencing from December 12, 2010 by NHAI.
Sangam India Limited
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