Chief of business development & Director Sangam Lifestyle Ventures Ltd
Innovation is synonymous with the Sangam Group
Sangam India Limited, has floated a 100 per cent subsidiary Sangam Lifestyle ventures Ltd for its retail business. The new subsidiary mainly focuses on developing new exclusive chain of stores under C9 brand name.
What has been your growth story in textiles?
Prominent among the undertakings of the Sangam Group is its textiles venture, which includes yarn, fabric, fancy denim and seamless garments, and is known for its voluminous operations and modern infrastructure. Situated at Bhilwara in Rajasthan, it includes the spinning division, considered the largest PV-dyed yarn industry in the world, and contributes to a large extent to the group's earnings.
Who are your main clients for exports?
The Sangam Group, with its 3-star export house status, exports $50 million to more than 30 countries. Some of the noteworthy overseas clients include Oguz Textil (Turkey), Vanden Berghe Roger NV (Belgium), TBM Textil Bezero De Menezes (Brazil), Melmar Knit Wear Company (Egypt), EDPA (US) and Bossa Ticaret Ve Sanayi Islatmeri (Turkey).
What will be the impact of FDI, GST as also the recently-announced textiles package? And what do you hope from the national textiles policy, as and when it is announced?
The textiles industry has always been open to the idea of 100 per cent FDI in the textiles and apparel industry as it will only help the industry. Retail FDI is sure to magnetise brands with a long-term foray into the Indian market. As smart and acceptable prices make consumers happy, it will also help maintain a balance between buyers and sellers, while also encouraging manufacturing capabilities.
But, with the introduction of GST, the man-made textiles segment expects a "level-playing field" w.r.t. cotton textiles. At present, man-made fibres attract a 12 per cent excise duty, while cotton fibres attract none. This duty disparity has distorted the domestic consumption pattern in favour of the cotton fibre, contrary to global trends. Man-made fibre-based products (with GST) will be more competitive vis-a-vis textiles items made of cotton fibres. This will be a good policy push, in sync with the global realities. However, both cotton and man-made fibres are also subject to 4-5 per cent state VAT, which will be subsumed by the GST. Sangam India will be major beneficiary of GST.
The textiles package has given a special boost to the sector with an expectation of attracting more investments and enhancing exports. This is a great opportunity to make our mark as a brand, as we can now make products more competitive with a reduced cost of production. The textiles business contributes 30-40 per cent of the total business. Our group now focuses heavily on fashion.
What is the kind of machinery that you use?
Innovation is synonymous with the Sangam Group, which believes in setting the bar very high when it comes to quality and customer comfort. This has led to flagship brands Sangam Suitings and Sangam Denim becoming the most trusted brands among premium textiles. To stay ahead, the group invests heavily in the most modern machinery for all its projects. This has led to the group being recognised among the most modern textile complexes in India. Sangam's yarn-production units are equipped with latest machineries to ensure better capacity utilisation, greater credibility, better quality and lower downtime, leading to greater efficiencies and lower production costs.
At Bhilwara, a state-of-the-art facilities plant produces synthetic and blended dyed/grey spun yarn, cotton yarn and fabrics (synthetics blended denim and knitted fabrics) with 96,864 spindles at the Biliya Kalan unit and 1,15,008 & 3128 spindles & rotors at Sareri unit. The company uses machinery from Trutzschler, Schlafhorst, Howa, Toyota, Murata, Muratec, Rieter and Savio to name a few.
In the yarn division, the majority of machines are of Laxmi Machines Works while the fabrics division is equipped with the latest technology and state-ofthe-art computerised designing looms like high-speed air jet looms (models include Somet Mythos, Toyota Tappet and Jacquard, Picanol and Tsudakoma), P7100 Sulzer Tappet and jacquard looms and dornier jacquard looms to produce one of the finest fabrics in the polyester/viscose, polyester/cotton, pure cotton, PV lycra and polyester woollen segments. The division has 251 looms with annual production capacity of 30 million metres of fabric.
The process division is equipped with the latest machinery like automatic jigger, cold pad batch machine, jet dyeing and beam dyeing machines and kier decatising and super finish machines.
From where are the yarns sourced, and what are the different types of yarns?
Sangam India is a backward integrated company and its division Sangam Spinners is one of the largest manufacturers of polyester viscose dyed yarn in South Asia with 2,25,168 spindles and 3128 rotors that produces polyester, viscose dyed, blended yarn and 100 per cent cotton yarn separately.
What steps do you take to ensure that manufacturing units are environment friendly?
The group follows strict quality norms and ethical production process in all its plants. The environment policies, labour norms are based on moral legitimacy, equity, equality and transparency for the safeguard of people, environment and health. Our plants have a number of compliance certifications: United Registrar of Systems Certification, Accordia Global Compliance Group, Health and Safety Management System, Intertek, Hohenstein Textile Testing Institute, Sedex Certification and Advanced Certification Ltd.
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