Thursday, May 31, 2007
Sobha Developers Enters Retail Business
Sobha Developers Ltd has informed that the Company has commissioned a state-of-art Spring Mattresses factory at Bommasandra, Bangalore. It plans to sell the mattresses in the retail market under the brand name, SOBHA RESTOPLUS. The production facility on a 2 shift basis would be 200 mattresses a day.Immediately upon launch of its Sobha Restoplus, the Company has received a prestigious order for Spring Mattresses from Infosys worth Rs 2.4 Crores.The Company is also planning to sell office furniture & home furniture produced in this factory for the retail market from its 3rd phase of its production facility for furniture and joinery.
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