Positive supply audit report to open floodgates of new orders: Fiberweb India

Fiberweb India was buzzing in trade today after Wal-Mart auditors gave a thumbs-up to supply audit report.

However, the Chairman and Managing Director Pravin Sheth clarified that it was Lowe's Company that conducted the surprise audit. Lowe's are the main suppliers to retailers like Wal-Mart, Home Depot and that the company does not directly supply to Wal-Mart.

This positive supply audit report is sure to open floodgates to news orders for the company, said Sheth.

The company manufactures high-quality Spun Bond Polypropylene Non-Woven roll goods and products thereof, used in Hygiene industry, Agriculture Crop Cover, Soil Cover, Medical and industrial clothing and many other innovative products, like Bags, Pillow ticks and Covers, Bed Covers, Curtains, Table Cloth, Garment Interlining, etc.

The new order inflow will help take care of expansions, said Sheth. The compnay plans to expand from 7500 tonnes to 10 tonnes.

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