Dyed yarn manufacturer Sangam (India) has completed its Rs 180 crore expansion project to double its denim capacity to 32-million metres. As a part of expansion, the company has set up two lines of denim for 8 million each. The first line commenced production in November 2011 while the second was commissioned recently. The expansion project was funded through a mix term loan and internal accruals. With completion of the expansion project, the company plans to launch special fancy denim and high value added products like cotton lycra.
Besides, the company has installed 2,304 rotters for open-ended spinning along with of 3,000 MTPA knitting capacity and 7,200 MTPA texturising yarn capacity at its existing facilities at Bhilwara in Rajasthan.