Sangam Group eyes textile market

Kathmandu, January 12:

Sangam Group, with an annual turnover of over seven billion rupees (IC), is one of the fastest growing Indian textile conglomerates. It recently held its all India dealers and agents meet in Soaltee hotel in Kathmandu.

The company used it as an opportunity to showcase its impressive range of ‘suiting and shirting’ to Nepali media and prospective clients, as dealers and retailers.

Giving details about the activity of the textile arm of the company, R P Soni, chairman of Sangam Group, mentioned the four main pillars as spinning, weaving and processing, manufacturing and knitting.

The company has already been exporting yarn to a number of Nepali companies for the last three years. So far, its authorised marketing agent based at Raxaul, has been looking after the company’s Nepal business. Now, Sangam is looking forward to appoint an authorised agent in Kathmandu and hopes to build up at least a 40-strong retail network.

Positioned at the upper mid-range of the suiting and shirting market, Sangam products aim to provide value for money to its customers. The company has quite an impressive range that is likely to be pegged at between Rs 300-550 per metre in the Nepali market, company officials inform.