Thursday, Dec 9 2021 | Time 02:58 Hrs(IST)
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States » South


Mattress maker Duroflex eyes Rs 1,000 cr turnover, more experience centres to come up in Hyderabad

Hyderabad, Oct 13 (UNI) Mattress maker Duroflex expects to earn a turnover of Rs 1000 crore in the current fiscal with the ongoing capacity expansion in Hyderabad, company said in a statement.
The Kerala-based mattress firm, which began operations in the early 1960s, currently has a plant in Hyderabad where mattresses are made, will be spending about Rs 100 crore over the next 18 months for its expansion, the company President and Business Head Mohanraj Jagannivasan said in a virtual media interaction on the launching of an exclusive experience centre, a 2000 sq ft facility in Gachibowli in the city on Tuesday.
This is the company’s second such experience centre in the city and it plans to open five such facilities in the state by December, he informed.
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