INDIA: Sangam nets INR680m worth of orders
Textile group Sangam said it has secured INR680m (US$14.7m) worth of orders from domestic and global businesses, and is looking to boost its exports by 70%.
The orders will be carried out by January 2006.
Sangam reportedly aims to add 1, 00,000 spindles and 100 weaving machines to its production operations during the next two years.
The company is also said to be planning new PV dyed yarn, cotton yarn, weaving and processing facilities.
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