Sumeet Industries has successfully commissioned 3500 TPA Capet Yarn manufacturing plant and commercial production of the same has started. This is a valued added product and will add additional revenue of Rs 75 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.
Sumeet Industries is an emerging integrated producer of Pet Chips, Superior quality of POY and FDY Yarns, Texturised Yarns and Multifilament Polypropylene Yarns.