Peps Industries announces 20 crore investment for new foam factory

Peps Industries, one of India's leading spring mattress manufacturing companies have marked the launch of its 125th exclusive showroom- Great Sleep Store at Kumbakonam. The event was inaugurated by G. Shankar Ram, JMD, Peps Industries and R. Gopi, AGM, Peps Industries.

G Shankar Ram, Joint Managing Director, Peps Industries Ltd. said, "It gives me immense pleasure to announce the launch of our 125th Great Sleep Store in Kumbakonam. By offering global standard products with strong value proposition to our customers, we have been able to register exponential growth since the inception of Peps. We feel it is important to expand into new geographies in order to cater to the growing demands of our consumers. Kumbakonam has much potential that is yet to be unlocked and we are sure that we will be able to help the people of this town sleep better and healthier with our products."

He said, "We will be investing 20 crore for the construction of a brand new foam factory in Coimbatore. The factory will be manufacturing foam to be used in all bedroom accessories, such as foam for spring mattresses, foam mattresses, sofas and others. We are currently expecting production to begin in April, 2017."