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Shreeyash Industries secures order worth Rs 23.92 crore

10 Jul 2012 Evaluate

Shreeyash Industries is making a foray into made-ups and have secured an order from South Africa for Rs 23.92 crore in made-ups for Hospital supplies, mainly apparels related products. Besides, the company is also in the process of trying to procure a similar order from The Democratic Republic of Congo.

Further, the company feels that the markets of African countries is ripe and that made-ups from India have a great potential in those countries and the company is exploring the untouched areas.

Shreeyash Industries earlier known as Range Apparels is promoted by Mano Kumar and his wife Sumedha Saraogi in technical arrangement with Kuke Nylon (KNCs), S Korea, for setting up a new 100% EOU for the manufacture of knitted designer cotton socks of international standards/quality.

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