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Rs 20 crore new foam manufacturing unit

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Press Trust of India Coimbatore
Last Updated : Jan 13 2017 | 5:28 PM IST
Peps Industries, one of the leading spring mattress manufacturers, is setting up a foam factory here wWith an investment of Rs 20 crore/
It will manufacture foam of diffeernt varities including for sofas, company Joint Managing Director, G Shankar Ram said in a release here today.
The production is expected to begin in April, he said.
As part of expansion, the company has opened its 125th exclusive showroom-- Great Sleep Stores in Kumbakonam in Tamil Nadu two days ago, which is designed to give customers a complete bedroom experience with their wide range of premium products such as mattresses, pillows, comforters and much more.
The company caters to every section of the society with a vast range of its product line that includes Spring Koil, Restonic, Spine Guard, Grand Palais Crystal, Double Decker and Vivah mattress, the release said.
With a turn over of Rs 262 crore, Peps is now looking to penetrate into all the different segments of bedroom accessories to become the complete bedroom solution for all, he said Peps' sleep solutions are designed in a sprawling facility located in Coimbatore, with cutting-edge machinery from Sweden, Germany and USA and it is also India's only manufacturer of sleep systems to match the exact quality and technology benchmarks defined by Restonic Corporation of USA, Shankar Ram said.

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First Published: Jan 13 2017 | 5:28 PM IST

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