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Sangam India focuses on exports, defence sector

Bhilwara, February 08, 2006 (PTI)

Rajasthan-based Sangam (India) Ltd, one of the largest polyester-viscose dyed yarn manufacturers, plans to focus on exports and defence garment market for growth in the post quota scenario.

"We have been receiving good inquires from a number of large international firms on account of low-cost advantage. The company has recorded an impressive growth of 156 per cent in its export sales in the third quarter ended December 2005," Managing Direc tor of the company, Mr S N Modani, said here.

"It has registered a 65 per cent rise in exports at Rs 48 crore in first nine months of the current fiscal year compared to Rs 29 crore in the corresponding period last year," Mr Modani said.

The company is targeting 70 pc growth in export on year-on-year basis. Apart from international export markets, the company is also looking for opportunities in to the supply of polyester viscose fabrics to Indian Army and other para-military forces.

The company has supplied four lakh metre fabrics in first nine months, thereby, registering a growth of 350 per cent in this segment. The total demand for market size is estimated at five crore metres per annum.

"The PV sector has been recently opened for the defence after lot of trials as the PC garments lose colour and texture after repeated wash. It is also uncomfortable wear in tropical climate," Mr Modani said.

In contrast, the PV fabrics are more durable, retains original texture, absorbs moisture and enables mass production under one shade, he said.

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