A forward-looking partnership with Goldenseams aims to transform denim garmenting and boost operations in Eastern India
Sangam (India) Limited, one of India’s most respected names in the textile industry, has taken a significant step forward in its strategic growth journey by entering into a joint venture with Goldenseams. This collaboration has led to the incorporation of a new entity—Goldenseams Sangam Private Limited. With this move, the group seeks to diversify its textile value chain and make a mark in the fast-evolving denim apparel segment.
The new company, headquartered in Orissa, will primarily focus on manufacturing and marketing ready-made denim garments such as jeans, jackets, shirts, trousers, and other fashion-forward apparel. The venture is designed to serve both domestic and international markets, backed by an integrated manufacturing setup and a strong distribution network.
Sangam (India) Limited holds a 50% equity stake, reflecting the company’s deep commitment to this growth initiative. The acquisition was made through cash consideration, and the new company is currently laying the groundwork for commencing full-fledged operations.
A Strategic Vision for Garmenting Excellence
Goldenseams Sangam Private Limited is expected to play a pivotal role in enhancing Sangam’s presence in the value-added garmenting space. The joint venture is not just a manufacturing initiative—it is a holistic business model that includes cutting-edge laundry operations, design and product development, and research and innovation aimed at catering to dynamic consumer preferences.
By integrating advanced denim processing technologies and sustainable manufacturing practices, the JV will seek to position itself as a leading supplier of high-quality denim apparel. Plans also include exploring omnichannel retailing through offline outlets, e-commerce platforms, and international trade partnerships, giving the venture a truly global outlook.
A New Chapter for Eastern India’s Textile Landscape
Setting up operations in Orissa opens new avenues for industrial and economic development in the eastern region of India. It aligns with the government’s push for regional textile hubs and is expected to generate employment and skill-building opportunities locally. The JV aims to support the larger goal of making India a key hub for denim apparel manufacturing.
Sangam’s move also complements its existing strengths in yarn, fabric, and processing, creating an end-to-end textile ecosystem—from fibre to fashion. The promoter group has a direct interest in the new company, reinforcing the group’s hands-on involvement and strategic alignment.
Looking Ahead
As the global denim market continues to grow, fuelled by demand for versatile, comfortable, and fashion-forward clothing, Sangam’s new venture with Goldenseams comes at a strategically opportune moment. With operations expected to ramp up in the near future, Goldenseams Sangam Private Limited is poised to emerge as a dynamic player in the global denim arena, delivering value to consumers, partners, and stakeholders alike.