Sumeet Industries commissions 3500 TPA carpet yarn manufacturing plant

To commit 90% of production to exports

Sumeet Industries announced that the Company has successfully commissioned 3500 TPA Carpet Yarn manufacturing plant and commercial production of the same has started. This is a valued added product and will add an additional revenue of Rs. 75.00 crore in the top line of the Company. The Company will export 90% of the production of carpet yarns to overseas buyers and also add a substantial amount of profit in its total earnings. The Company is in the process of exploring and adding some more value added category of yarns in its product basket.

Powered by Capital Market - Live News