Deals12 Mar 2025, 02:57 pm
Carysil Ltd Secures Agreement with KARRAN INC., USA for Quartz Kitchen Sinks Supply
AI Summary
Carysil Ltd has entered into an agreement with KARRAN INC., USA (Karran) for the supply of Quartz kitchen sinks. The agreement is to fulfill the requirements of a new major U.S. home retail chain. As per the agreement, Carysil will dedicate the production of a minimum capacity of 150,000 Quartz sinks per annum, starting May 2025. To support this commitment, an initial investment of approximately USD 510,000 in molds, machinery, and utilities will be made.
Key Highlights
- Carysil Ltd secures a deal with KARRAN INC., USA for the supply of Quartz kitchen sinks
- The deal is to fulfill the requirements of a new major U.S. home retail chain
- Carysil to dedicate the production of a minimum capacity of 150,000 Quartz sinks per annum
- The commitment will start from May 2025
- An initial investment of approximately USD 510,000 will be made for molds, machinery, and utilities