Gravity India to enter high margin lucrative home furnishing business

Gravity India Ltd has announced that the Company is planning to enter high margin lucrative textile segment of high-end home furnishing including upholstery fabrics and curtain clothes under its established popular brand of "Gravity". The Company is in talks with leading five star hotels for the procuring orders for supply of upholstery fabrics and curtain clothes. Also the company is in the process of negotiating orders as OEM for upholstery to be used in seat covers from leading automobile manufacturers.

Source : Equity Bulls

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