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Coirfoam's expansion plans

NEW DELHI: Leading mattress makers Coirfoam is planning to invest Rs. 45 crores over the next three years, said its director, Inderjeet Singh Khurana. The company is planning an IPO to part-finance its plans to set up three manufacturing units. The company's sole existing unit is in Delhi and the three are being planned in south, west and east India, added Mr. Khurana.

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