#### **Overview** Sangam (India) Limited, established in 1984 under the leadership of Shri R.P. Soni, is one of India’s largest and most vertically integrated textile manufacturers. Headquartered in Rajasthan, the company has built a strong reputation over four decades as a market leader in **PV (polyester-viscose) dyed yarn, synthetic (PV) fabric, and denim fabric**, while emerging as a dominant player in seamless garments. With a robust global footprint, Sangam serves over **50 countries**, supplying major international brands such as **Walmart, Primark, Jockey, Decathlon, Mango, and Gelmart Industries**. The company operates a **fully integrated business model** across the textile value chain — from **yarn spinning to weaving, processing, and garment manufacturing** — enabling end-to-end control, cost efficiency, innovation, and faster response to market demands. It runs **five advanced manufacturing plants** across **Atun, Biliya Kalan (two units), Sareri, and Soniyana** in Bhilwara and Chittorgarh, Rajasthan, employing over **11,000 employees**, including more than **10,000 skilled professionals**. --- #### **Core Business Segments & Product Portfolio** Sangam offers a diversified product portfolio that reflects its deep integration and technological expertise: 1. **Yarn Division** - **Market Leadership:** Leader in **PV dyed yarn** in India and a **price maker** in this oligopolistic segment. - **Types Produced:** 100% cotton yarn, PV dyed yarn, core-spun, Eli Twist, slub, indigo dyed, and texturized yarns. - **Capacity (Nov 2025):** - **306,864 spindles** and **4,584 rotors**, with total production capacity of **~110,820 MTPA**. - One texturizing machine with **1,200 MTPA** capacity. - **Customers:** Served **423 customers for PV yarn** and **153 for cotton yarn in Q2 FY26**. Exports to over **33 countries**. 2. **Fabric Division** - **Synthetic (PV) Fabric:** - **Market Leader** in India; significant share in processing **PV, PV Lycra, PVW, polyester wool, and 100% wool**. - State-of-the-art **high-speed air-jet looms**, **computerized design systems**, and **7 stenters with 46 chambers**. - **Weaving capacity:** Increased to **56 million meters per annum (MMPA)** post-expansion. - **Processing capacity:** **72 MMPA**. - Brand: **Sangam Suiting**, distributed through a **pan-India network of 10,000+ dealers**. - **Denim Fabric:** - One of **India’s largest exporters**, shipping to over **25 countries**. - Products range from **4Oz to 15Oz**, including **twills, broken twills, satins, dobby, and denim shirting**. - **R&D-driven finishes:** Mill wash, thermo, flat, calendar, and over-dyeing. - **Denim capacity:** **60 MMPA**, supported by **5 indigo lines, 262 looms**, and **1 rope dyeing setup**. - As of Q1 FY26, the company served **217 denim customers**. 3. **Garments Division** - **Specialization:** Seamless garments for **athleisure, innerwear, shapewear, and casual wear**. - **Brand:** **C9 Air Wear** – a leading D2C brand targeting women’s lifestyle and performance wear. - **Technology:** Uses premium **Santoni (Italy) seamless knitting machines** for high-precision manufacturing. - **Capacity (2025):** **114 machines**, producing **9.62 million meters per annum (MMPA)**. - Strategic Milestone: Signed **Gelmart Industries Inc.** — key supplier to **Walmart, Amazon, Kohl's, Target** — with initial orders exceeding **750,000 pieces**. --- #### **Manufacturing & Operational Scale** Sangam’s manufacturing strength lies in its **scale, vertical integration, and capital investments**: - **Spinning Units:** Located in **Biliya Kalan (30,000 MTPA), Sareri (71,820 MTPA), and Soniyana (9,000 MTPA)**. - **Weaving:** 333 looms (including 262 for denim); expansion from 48 to **65 MMPA** in synthetic fabric weaving underway. - **Knitting:** 32 machines with **5,400 MTPA** capacity for knitted fabrics. - **Processing:** 7 stenters, 46+ chambers, and **72 MMPA** capacity. - **Backward Integration:** Initiated in **1995**, strengthening self-sufficiency and margin control. --- #### **Strategic Expansions & CAPEX (FY25–26)** Sangam is executing a visionary **CAPEX-led growth strategy** to shift from volume-driven to **margin-driven, value-added output**, with total investments exceeding ₹**792 crore**: 1. **Spinning Expansion (Sareri, Bhilwara):** - **₹344 crore** investment. - Increased spindle capacity from **297,744 to 306,864**. - Rotor capacity expanded to **4,584 units**. - Completion: **Q1 FY26**. - Purpose: Support denim growth and premium yarn production. 2. **Synthetic Fabric Weaving Expansion (Atun Plant):** - **₹160–161 crore** investment. - Weaving capacity to rise from **48 to 65 MMPA**. - Loom count increased from **260 to 340**. - Completion: **Q2 FY26**. - Objective: Produce high-value, design-rich fabrics using **air-jet looms**. 3. **PLI Scheme Participation:** - Through **Sangam Ventures Limited**, selected under the **Production Linked Incentive (PLI) Scheme for MMF apparel (seamless garments)**. - Entitlement: Five-year financial incentives (2025–2030). - Outcome: Enhanced competitiveness and **scalable growth in seamless garments**. 4. **MoU with Government of Rajasthan:** - Signed to invest **₹1,521 crore** in expanding spinning, weaving, knitting, garments, and processing units in Bhilwara. --- #### **Sustainability & Energy Efficiency** Sangam is committed to **green manufacturing and sustainable operations**: - **Renewable Energy:** - **18 MW solar power capacity** (across five locations). - **5 MW wind plant** in Jaisalmer, Rajasthan. - Renewable energy accounts for a major portion of captive power needs. - **Agri-Husk Boilers:** - **44 TPH (denim division)** and **20 TPH (synthetic division)** biomass boilers reduce steam and power costs while cutting emissions. - **Carbon Impact:** Previous investments reduced carbon footprint by **20% annually** (as of Aug 2023). - **Certifications:** Holds **OEKO-TEX certification**, ensuring compliance with global environmental and quality standards. --- #### **Brands & Market Positioning** Sangam’s **three flagship brands** anchor its diversified strategy: 1. **Sangam Suiting** – Market-leading **PV fabric** for suiting and bottom wear in India. 2. **Sangam Denim** – Premium **denim fabric** with strong domestic and international recognition. 3. **C9 Air Wear** – India’s **largest seamless garment brand** for women’s performance, intimate, and athleisure wear. - **Omnichannel Sales:** Direct-to-consumer via **www.c9airwear.com** and major platforms including **Myntra, Amazon, Flipkart, Nykaa, and Ajio**. - Serves over **1,010 customers**, with **96% domestic penetration**. --- #### **Global Presence & Supply Chain** - **Export Destinations:** Over **50 countries**, including the **U.S., EU, UK, Bangladesh, Africa, and South America**. - **Risk Mitigation:** Routes U.S.-bound shipments via **Bangladesh and African nations** to leverage favorable tariffs and reduce exposure to trade volatility. - **Raw Material Strategy:** Manages **cotton price fluctuations** through selective inventory stocking during low-price cycles, limiting impact to **1–2 months**. --- #### **Innovation & R&D** Sangam invests heavily in **product innovation** to drive premiumization: - Develops over **20,000 shades of PV dyed yarn** annually, offering unmatched customization. - Focus on **man-made fibers (polyester, viscose, hemp, wool blends)** for cost-effective, high-performance textiles. - R&D-driven product development in **sustainable, stretch, and functional fabrics**. ---