Spring mattress manufacturing company PEPS Industries Pvt Ltd signed a memorandum of understanding (MOU) with the US based Restonic Corporation for a period of 25 years.
The MOU outlines joint efforts such as sharing information on best practices, innovation, emerging technologies and facilitate development of international sleep products for the Indian consumer.
K. Madhavan, Managing Director, PEPS Industries Pvt Ltd., said, "The sharing of patented innovations like Marvellous Middle, Health Protect Sanitized Mattress has provided Indians with mattresses that provides extra support to the body, prevents muscular compression, microbial development, algae infestation and odour."
"The association will help utilize the dormant potential of the segment with innovative thinking and develop sleep comfort products that meet the international standard specifications and cater to the ever changing needs of the consumers ," Madhavan said.
Martin Ronald Passaglia, President and Chief Executive Officer of Restonic said, "Restonic has been an integral part of the bedding industry for nearly three quarters of a century, with a long-standing tradition of researching, developing and engineering the highest quality sleep products."
The Peps range of products includes varieties of spring mattresses, pillows, comforters and spring bases.