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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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