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| Sangam Suitings All India Dealers Meet 2010 Held : Posted 30th July 2010 |
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Sangam Suitings All India Dealers Meet 2010 Held
Among India’s largest fabric manufacturer Sangam Suiting, a unit of Sangam India Limited has organized its all India customer meet 2010 at Hotel Le Meridian, Jaipur on 17th July to 19th July.
During a Press meet on 17th July Mr R P Soni, Chairman Sangam Group and Mr V K Sodani, Executive Director has addressed the press about vision and goals of group in next 5 years.
Mr V K Sodani has informed that sangam suitings is now expanding its retail network and is also looking for establishing its own store in various part of the country, |
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he also mentioned that at present sangam suiting is selling its fabric in domestic market thru 100 wholesalers and 1000 retailers and is also exporting in over 35 countries. The company is looking for a major shift in the coming five years in terms of volume and network. At present the group has a turnover of 850 crore and is looking to achieve 1000 cr in this financial year.
In this meet sangam suitings has launched new anti bacterial anti moisture range “Glacier” along with other ranges like Savana, Wills & Scott, Cavalier, Signet and Linovita.
On this occasion, company has rewarded Mr. Saral modi of M/S Kala Mandir Raipur for achieving highest sale for the year.
Mr R P Soni, Chairman has announced that company will invest Rs50 crore in brand building exercise in the next 5 years as part of its expansion strategy. He exclaimed that sangam suitings will established itself among top 5 PV brands with the turnover of 100 crore. Company will also open its own retail stores pan India. He also mentioned that groups PV yarn unit is among Asia’s largest unit.
As a part of CSR activities, the group is running a Boarding School, Engineering and Management College and a Hospital and very soon will be starting its own university.
Mr Soni has also mentioned that as a part of expansion plan Group is looking for takeover of in Surat and south India. Group will also be starting its readymade garment business in current year.
Over 100 wholesalers and agents have participated in this event. Mr Sanjeev Joshi VP Marketing and Mr Gaurav Chaudhary, Head Planning & Publicity has addressed the customers about upcoming plans. On this eve a fashion show was organized to showcase the companies upcoming fabric range.
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