SRM Energy Ltd

SRM Energy Ltd

Incorporated at Bombay on 3 Sep.'85 Hitkari Fibres was promoted by K K Hitkari and Ved Kapoor of the Hitkari group and B M Chaturvedi. The company undertook a project to set up a plant at Mahad (Raigad district) Maharashtra with an installed capacity of 1500 tpa for the manufacture of speciality non-woven fabrics such as blankets carpets upholstery floor coverings automative carpets etc. The preparatory plant for non-woven fabrics was imported from Hergeth Hollingsworth West Germany. Pre-needle loom needle looms and structured needle looms were acquired from Oskar Dilo West Germany. Commercial production commenced in December 1988.In 1989-90 a MOU was signed with a reputed textile manufacturing company having a large distributor dealer network to market the company's products. The Automotive carpets are being supplied to leading automobile manufacturers such as Maruti Udyog LtdGeneral Motors (India) LtdPremium Automobiles TELCOfor use in their vehicles. It has set up molding carpet facility at its factory in Mahad. It has already received confirmed orders for molded car carpets from Maruti Udyog and General Motors India. It has also entered into a MoU with a leading European manufacturer and supplier of moulded carpets to automobile industry.