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Sumeet Industries bags order worth Rs 50 crore from Tamil Nadu Govt

Date: 13-08-2012

Sumeet Industries has received order worth Rs 50 crore from Tamil Nadu Government through ‘The Tamil Nadu Handloom Weavers’ Co-operative Society’. Under this order, the company will supply 35,00,000 numbers of synthetics sarees worth of Rs 41 crore and 10,00,000 numbers of dhotis worth Rs 9 crore.

Earlier in May this year, the company had successfully commissioned the 'Polyester Filament Yarn (POY/FDY) Plant' (direct spinning unit through PTA and MEG route) along with 8.6 MW Gas based Genset Captive Power Plant.

Sumeet Industries is mainly engaged in the business of manufacturing of PET Chips, Polyester Filament Yarn (POY and FDY) and Polypropylene Multifilament Yarn (PPMFY). The company is also recognized as an Export House by the Government of India.