Industry And Cluster
Meera Industries completes a 20% upper circuit after getting an export order from Turkey
Published on
Author: Manali Bhanushali
ZUGO KMYA TEKSTL, a leading carpet yarn maker in Turkey, has bought CT-260 Twister/Cabler machines to produce Polypropylene BCF Yarn, according to the company.
MEERA's Cabling/Twisting and Continuous Heat setting machines have a prominent presence in the carpet yarn production industry.
"Sales of our Cabler / Twister Tape Drive Model CT-260 have progressively increased.
Turkey is the world's largest carpet production hub, so expanding our presence in this market bodes well for the future ", the business stated in a filing.
Meera Industries closed at Rs91.10 a piece, up 19.95 percent on the Sensex.