Meera Industries has completed expansion of its factory premise. This expansion will lead to a 40% increase in the company’s work space, leading to greater efficiency in work flows and optimum storage of both ready inventory as well as raw materials.
Given the fact that the company is introducing many new technologies in the domain of yarn processing, it is planning to use this extra space to create a Centre of Excellence. This Centre of Excellence will help showcasing the company’s existing and future machines in working condition. This helps buyer to arrive at purchasing decision faster, since what they see is what they get. This expansion was done entirely from internal accruals.
Meera Industries is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. The company’s products are sold under the brand name ‘MEERA’.