Sumeet Industries Limited (SUMEETINDS)
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Sumeet Industries Limited Profile
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | - CEO | XNSE Exchange | Y8186R201 CUSIP |
| India Country | 614 Employees | - Last Dividend | 2 Aug 2018 Last Split | - IPO Date |
Overview
Sumeet Industries Limited, initially known as Sumeet Synthetics Limited until its name change in 1996, was founded in 1988 and is headquartered in Surat, India. The company is a prominent player in the yarn manufacturing sector, with a diverse product portfolio that caters to a global market. With a strong foothold in India, Sumeet Industries Limited has expanded its reach to several countries across the globe, including Egypt, Saudi Arabia, China, Argentina, Poland, Portugal, Morocco, Columbia, Bangladesh, Russia, Ethiopia, Mexico, Nepal, Brazil, Peru, Algeria, Thailand, the USA, Singapore, Turkey, and more. This expansion underscores the company’s commitment to delivering quality products and its capability to meet the demands of a diverse international clientele.
Products and Services
Sumeet Industries Limited offers an extensive range of high-quality yarns and polymers, catering to various industries and applications. These include:
- Pet Chips: High-quality chips used in making polyester fibers and PET bottles, serving the packaging and textile industries.
- Polyester and Textile Grade Chips: Specialized for textile applications, these chips are essential for producing a wide range of fabrics and textiles.
- Partially Oriented Yarn (POY): A crucial raw material in the manufacture of textured yarn, POY is used in weaving and knitting fabrics.
- Fully Drawn Yarn (FDY): Ready to be used in weaving and knitting, FDY is primarily used in the production of finer textile products.
- Polyester Texturized Yarn: Known for its softness and durability, this yarn finds applications in clothing, home furnishings, and industrial textiles.
- Micro Filament Yarn: Fine quality yarn used for high-end applications including sportswear and upholstery, known for its strength and flexibility.
- Carpet Yarn: Specifically designed for the carpet industry, this yarn is used in the production of both commercial and residential carpeting.
- Bright Yarn: Known for its vivid colors and high strength, bright yarn is used in applications where color and vibrancy are key.
- Dope Dyed Black Yarns: Yarns dyed during the spinning process, offering a high level of colorfastness and uniformity, ideal for automotive textiles and apparel.
