MEERA Industries secured a domestic order worth Rs 2.60 crore for high bulk carpet yarn manufacturing solutions. This achievement underscores the company’s near-monopoly market share in the Indian carpet yarn sector, where the company is the trusted partner of virtually all major carpet yarn manufacturers. The project is scheduled to be completed in the fourth Quarter of financial year 2024-25.
The company has bagged order from Ganesha Ecopet which is a group company of Ganesha Ecosphere, India’s leading PET bottle recycling company. Ganesha Ecosphere specializes in converting post-consumer PET waste into recycled polyester staple fibers, spun yarns, and dyed texturized yarns. These products are widely utilized in carpet manufacturing, fabric weaving, and non-woven filling applications. As Ganesha diversifies into high bulk yarn manufacturing for carpets and bathmats, MEERA’s advanced solutions, including assembly winders, carpet cables, and bulking and heat-setting machines, form the backbone of their carpet yarn project.
MEERA Industries is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries.
