When commissioned, the Pune facility, which will be mainly for the finishing processes, will help the company cater to the western States such as Gujarat, Maharashtra and Madhya Pradesh. Repose Mattress, which is looking at Rs.200 crore annual turnover in another five years, plans to invest Rs.7.50 crore this year at its Coimbatore plant for expansion and automation and another Rs.1 crore to set up a new facility in Pune. V. Balaji, Chief Marketing Officer of Repose, told presspersons here on Thursday that the existing manufacturing unit in Coimbatore can produce 90,000 mattresses a year and it will be increased to 1.2 lakh mattresses. More In: Business

Source: The Hindu August 11, 2016 21:33 UTC