Sangam (India)

What Sangam (India) does

Sangam (India) Limited is a vertically integrated textile conglomerate headquartered in Bhilwara, Rajasthan, founded in 1984. The company operates five production bases spanning the full textile value chain: PV-dyed yarn spinning (95,650 MT capacity across 262,368 spindles and 2,568 rotors), synthetic fabric weaving (30 million meters per annum using Air Jet, Sulzer, Toyota, Picanol, and Dornier looms), denim fabric production (50 million meters per annum with rope/sheet dyeing), fabric processing (72 million meters), and garment manufacturing (5.5 million seamless pieces per annum on 58 SANTONI Italy machines, plus 4,700 MT circular knitting). It is positioned as one of the largest PV-dyed yarn manufacturers in Asia and among India's Top 500 Global Organizations.

The company sells primarily to B2B customers—domestic garment and fabric manufacturers (Raymonds, Siyaram, Grasim Bhiwani, BSL, Donear, S. Kumar, Dinesh Mills, RSWM) and international denim/fabric buyers across 58 countries (Argentina, Bangladesh, Belgium, Brazil, USA, Turkey, Egypt, etc.)—with a smaller B2C retail presence via the C9 Airwear seamless garment brand launched in 2015. Revenue is generated through one-off sale of manufactured textile goods at quote-based B2B pricing, with FY26 consolidated revenue of Rs 3,234.53 crore (~USD 385 million), of which exports reached an all-time high of Rs 1,167 crore. The business is supported by captive renewable energy infrastructure (18 MW solar + wind), 3 ETP/4 STP environmental units, ISO 9001 and OEKO-TEX certifications, and a 3-star export house status. The company is publicly listed on NSE (SANGAMIND), founder-led by Ram Pal Soni with second/third-generation family executives (Anurag Soni as MD, Pranal Modani as CEO of Yarn & Denim), and holds an authorized borrowing limit of Rs 3,000 crore as ratified at the June 2026 AGM.

Name

Sangam (India)

Legal name

Sangam (India) Limited

Website

https://sangamgroup.com

Company type

Public

Founded year

1984

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Sangam (India) Limited is a vertically integrated textile manufacturer operating five production bases in Bhilwara, Rajasthan, producing PV-dyed yarn, synthetic fabric, denim, and garments for B2B garment manufacturers and international buyers across 58 countries, with a smaller C9 seamless-wear B2C brand.

Ownership category

akta.pro rank

Product category

Textile Manufacturing

NAICS

Textile Mills (313), Broadwoven Fabric Mills (313210), Textile and Fabric Finishing Mills (313310), All Other Textile Product Mills (31499)

SIC

Broadwoven Fabric Mills, Man Made Fiber & Silk (2221), Textile Mill Products (2200), Broadwoven Fabric Mills, Cotton (2211), Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300)

akta.pro primary industry

Denim & Twill Mills (IMAOABAG)

akta.pro secondary industries

Finishing & Dyeing Contract Services (Job Work/Toll Processing) (IMAOACAL), Greige Woven Fabric Mills (IMAOABAA), Denim & Twill Fabrics (CRAAAMAE)

Keywords

• PV dyed yarn manufacturing
• Vertically integrated textile mill
• Denim fabric production
• Synthetic fabric weaving
• Seamless garment manufacturing

Headquarters

HQ city

Bhilwara

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Textile Products Manufacturing and Sales: Sangam India generates revenue through the manufacture and sale of textile products across the value chain: polyester viscose dyed yarn, synthetic fabric, denim fabric, and garments (including seamless garments under the C9 brand). Revenue streams span domestic sales to Indian garment and fabric manufacturers, and exports to 58 countries. The company reported annual revenue of Rs 3,243 crore (FY26) with exports of Rs 1,167 crore.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Sangam (India) Limited is a vertically integrated textile manufacturer producing polyester viscose dyed yarn, synthetic fabric, denim fabric, and seamless garments across five production bases in Bhilwara, Rajasthan. The company supplies yarn, fabric, and finished garments to garment manufacturers, fashion brands, and fabric producers domestically and across 58 export markets, with a smaller B2C retail presence through its C9 seamless wear brand.

Product overview

Sangam (India) Limited is a leading textile conglomerate operating as a vertically integrated composite mill with five distinct production divisions. The product portfolio comprises: (1) Yarn Division (Sangam Spinners) producing PV dyed yarn, cotton yarn, fancy yarn, and indigo dyed yarn with 95,650 MT annual capacity; (2) Synthetic Fabric Division producing Polyester/Viscose, Polyester/Cotton, PV Lycra fabrics with 30 Million Meter annual capacity; (3) Denim Fabric Division with 48 Million Meter annual capacity; (4) Processing Division with 72 Million Meter annual capacity; (5) Garment Division including Seamless Knitting (58 machines, 5.5 Million Pieces capacity) and Circular Knitting (28 machines, 4,700 MT capacity). The company also operates C9, its B2C seamless wear sub-brand targeting intimate wear, active wear, and shape wear segments. Supported by captive renewable energy (18 MW solar, 5 MW wind) and thermal power (16 MW) infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• C9 Airwear: Seamless wear brand launched in 2015. One-piece garments free of side seams, made of light, smooth and soft to touch fabrics. Product range includes intimate wear, active wear, and casual wear for both women and men.
• C9

Products and services

• Yarn (Sangam Spinners) Polyester viscose dyed yarn, cotton yarn, fancy yarn, and indigo dyed yarn with annual production capacity of 77,000 MT; used in suiting, shirting, knitting, and carpet production.
• Synthetic Fabric Polyester/Viscose, Polyester/Cotton, PV Lycra, and Polyester Woollen fabrics produced on 251 looms (Air Jet, P7100 Sulzer Tappet & Jacquard, Dornier Jacquard) with annual production of 30 million meters.
• Denim Fabric Denim fabric from 5 Ozs to 15 Ozs using TFO, Eletwist, OE, Excel Linen, Tensile, Slubs, Rings, Ring Slub, Multi Count, Multi Twist, Cotton Stretch, Poly Stretch yarns; annual production of 50 million meters with sheet dyeing, Rope Dyeing ranges, and finishing ranges.
• Garment (Seamless, Knitting, Processing) Seamless garments, activewear, and casual wear in polyamide, spandex, polypropylene blends and natural fibres (bamboo, cotton, viscose); 5.2 million garments per annum using SANTONI Italy machinery (52 SM8 TOP 2 SANTONI machines), FLAINOX SRL dyeing machines, and 84 KANSAI & YAMATA sewing machines.
• C9 Airwear B2C retail brand of seamless wear offering Active Wear (Legging, Sports Bra, T-shirt, Tank Top, Jacket, Track Pant, Cycling shorts), Intimate Wear (Basic bra, Briefs, Camisoles), and Shape Wear products for women and men.

Quantifiable outcome

• Q4 FY26 net profit surged 245.27% YoY to Rs 32.87 crore; FY26 net profit rose 159.75% to Rs 82.60 crore
• +3 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• CleanMax Enviro Energy SolutionscoreTechnology or Integration · 15 April 2026CleanMax partnered with Sangam India to supply 50 MW of hybrid renewable energy (30 MWp solar + 20 MW wind power backed by 2 MWh battery energy storage) to five Sangam manufacturing facilities in Rajasthan under an intra-state group captive arrangement. Power is sourced from CleanMax's Bhikamkor hybrid farm. This supports Sangam's decarbonization roadmap and provides round-the-clock renewable power supply.
• IB Vogt Solar India Pvt. Ltd.coreTechnology or Integration · 8 January 2026Sangam India signed an EPC (Engineering, Procurement and Construction) agreement with IB Vogt Solar India for the development of a 27 MWp solar power project in Village Sangarh, Jaisalmer district, Rajasthan. The captive solar project will supply clean electricity to Sangam's operations, reducing dependence on conventional grid power and lowering the company's carbon footprint.
• Joint Venture EntitycoreStrategic or Co-development Partner · 30 April 2025Sangam India formed a joint venture (per regulatory filing dated 30.04.2025) for strategic business development purposes.

Scale indicators12 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Donear Industries: Indian fabric manufacturer focused on suiting and shirting. Directly comparable in synthetic/PV fabric segment and also an existing customer of Sangam's PV dyed yarn.
• Vardhman Textiles: Large Indian vertically integrated textile manufacturer (yarn, fabric, sewing thread) with comparable scale in PV/cotton yarn and global customer base. Most direct Indian comparable for Sangam's yarn and fabric operations.
• Arvind Limited: India's leading denim manufacturer (and broader textile/apparel player) operating in denim, woven fabrics and branded apparel. Directly comparable to Sangam's denim division and B2B fabric business.
• KPR Mill: Vertically integrated Indian textile company spanning yarn, fabric, readymade garments and sugar. Comparable on integrated operations, scale and exports to global apparel brands.
• Trident Group: Indian textile conglomerate with yarn, terry towel, home textile and paper operations. Comparable in yarn spinning scale and export-led B2B model with global customer base.
• RSWM (LNJ Bhilwara Group): Bhilwara-based yarn manufacturer producing PV/cotton and melange yarn. Direct regional and product overlap with Sangam's flagship PV dyed yarn business.
• Gokaldas Exports: India's largest apparel exporter with garment manufacturing for global brands. Overlaps with Sangam's seamless/garment division and its apparel B2B export positioning.
• Siyaram Silk Mills: Indian suiting and shirting fabric manufacturer. Direct overlap with Sangam in PV-based fabrics for domestic garment brands and a key existing customer relationship.

Broad incumbents

• Welspun India: Larger Indian home-textiles and flooring company with global retail relationships. Comparable in export-driven manufacturing scale, ESG positioning, and supply to international brands.
• Raymond (Raymond Limited): Established Indian textile/Apparel conglomerate with branded suiting, fabric and garment businesses. Overlaps with Sangam as both a customer (PV yarn/fabric buyer) and competitor in fabric and suiting segments.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sangam-india-ltd-bhilwara

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sangam (India)