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Meera Industries incorporates subsidiary in United States

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Capital Market

To boost its export trade

Meera Industries has established a Wholly Owned Subsidiary Company (WOS) in the name and style of Meera Industries USA LLC, formed in North Carolina State of USA.

This WOS would be instrumental and catalyst to boost export trade of the Meera since USA is one of the largest partner in export trade of the company. The WOS is established and has opened its doors in the heart of 'Textile Country,' in this North Carolina city located near the I-85 corridor, along which hundreds of textile manufacturers and their suppliers based in the South,. The facility is located on a 4,600 square-foot area that will serve as a showroom and a sampling as well as small-lot production house. This will cater as spares and service centre too for existing company's clients in USA.

 

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First Published: Jun 06 2017 | 5:16 PM IST

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