October 15, 2007

Krypton Industries gets export order

Krypton Industries Ltd has informed that the Company has obtained an Export order of substantial volume and amount aggregating worth Rs 4,40,00,000 (INR) (Rupees Fourty Four Millions only) for export of Tyres with Wheels and other fittings to Pegasus Zorg Bv of Nederland.

The Company has entered in a joint venture with Karma Health Care of Taiwan to market its products in domestic market. Karma Health Care is a renowned name in Wheel Chairs and other Health Care equipments in export market having its manufacturing unit at Taiwan and Thailand.

Subsidiary Company M/S. Eco Wheels Pvt Ltd has expanded its activity in Engineering and Health Care product manufacturing which will start its commercial production soon.

After establishing Ourselves in domestic market for PU Sole and Sandals. The Company is poised for a major expansion of the Footwear unit for Safety shoes and other varieties of shoes for local as well as international market as there is tremendous potential for the same in both markets. The Company are expecting a good revenue from the same in the near future.

By these efforts Company expect a robust growth in its business.

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