Marks the first phase in its expansion across India
Bengaluru, April 20, 2018: Peps Industries, India’s top selling spring mattress manufacturing company marked the launch of its 23rd exclusive showroom — Great Sleep Store (GSS) — in Bengaluru. The event was inaugurated by Mr. K Madhavan, MD, Peps Industries and Mr. G Shankar Ram, Joint MD, Peps Industries.
Known popularly as the Great Sleep Store, each of Peps’ exclusive showrooms exhibits the wide range of its product line that includes Peps (Spring Koil, Restonic, Spine Guard, Grand Palais Crystal, Double Decker, Zenimo and Vivah) mattress. The outlets are designed to give a clear preview of how Peps can elevate the consumer’s bedroom. This has been done with the idea of allowing customers to indulge in experiencing the products thoroughly before making any purchasing decisions. The outlets also exemplify the personality of the brand by highlighting the importance of comfortable sleeping.
Speaking at the launch, K Madhavan, MD, Peps Industries, said, “I am equally humbled and motivated by the success that Peps has achieved over the years. We offer global standard products with strong value proposition to our customers. This has helped us in registering the exponential growth since the inception of Peps. Today, it is with great pride that I announce the launch of our 23rd store in Bengaluru. This city has always been the hub of our growth and will always remain of great importance to us.”
Mr. G Shankar Ram, Joint MD, Peps Industries said, “When spring mattresses were initially introduced in India, the market needed more awareness and acceptability. Today, the acceptance for spring mattresses is phenomenal. I am glad to see that Peps Industries has been able to make effective use of potential in the Indian market over the years and we aim to continue delivering our best.”
Peps Industries was established in 2006 by K. Madhavan, MD, G Shankar Ram, Joint MD, and P Manjunath, Director. The company controls a majority of India’s spring mattress market and has played a crucial role in bringing world-class affordable spring mattresses to Indian consumers. The company has also partnered with Restonic Corporation of USA, which is one of the largest mattress companies in the world. Being the only Indian company with a licensing agreement with Restonic, Peps has exclusive access to the unique technology of Restonic.
Since its establishment, Peps has seen tremendous growth and now produces over three lakh (300,000) mattresses annually. Peps aims to become a complete bedroom solution for all, by penetrating the different segments of bedroom accessories, and intends to expand its geographic footprint in the South East Asian market as well. Recently Peps and Flipkart entered into a partnership which gave the e-commerce company exclusive rights to sell Peps Industries’ products and its 2 allied brands Hypnos and Cirrus