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Sheela Foam looking at exports, import substitution as next big opportunities

28 Jun 2021 Evaluate

Sheela Foam is looking at exports and import substitution as the next big opportunities for itself leveraging 'on China becoming weaker on sentiments' in the global markets.

The company, which recently completed 50 years of operations, is also looking to expand into beddings related adjacent areas such as bedsheets, comforters, duvets, and beds and bedroom furniture as it embarks on the journey for the next half-century.

Sheela Foam is a leading manufacturer of mattresses in India marketed under its flagship brand -- Sleepwell. It manufactures other foam-based home comfort products targeted primarily at Indian retail consumers, as well as technical grades of polyurethane foam (PU Foam) for end use in a wide range of industries.

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