Godrej Interio Senior Vice President, Marketing and Sales (B2C), Dev Sarkar
Godrej & Boyce’s furnishings and inside options model Godrej Interio is eyeing a market share of 35% in Tamil Nadu and a income of ₹350 crore from the South by FY26, stated a prime official.
“At present, we have 22% market share of the organised furniture sector in Tamil Nadu, and we intend to grow it to 35% within the next three years,” stated Senior Vice-President, Marketing and Sales (B2C), Dev Sarkar at a press meet.
According to him, the corporate is eyeing a topline of about ₹350 crore from the South by FY26 from the current ₹220 crore. For FY23, the corporate recorded a complete income of ₹2,500 crore.
He additionally stated that they have been betting massive on the upcoming festive season gross sales ranging from September 15 and persevering with until November 15. The interval would additionally witness the introduction of latest merchandise and growth of current ones within the South.
The model has over 52 channel companions, eight unique showrooms and 90 retailers in Tamil Nadu and cumulatively, greater than 200 channel companions throughout the South. To strengthen its retail presence within the State, it’s opening ten unique showrooms and onboarding 180 retailers within the subsequent three years.
While mentioning that the house furnishings market in Tamil Nadu skilled a gentle, annual progress of greater than 15% with a noticeable surge in demand for modular wardrobes, kitchens, and interiors standalone residences, he stated the model was poised to capitalise on these rising tendencies and broaden its market presence additional.
“With the introduction of specialised home furniture and home storage solutions, we are committed to strengthening our footprint across Tamil Nadu in this fiscal,” he stated.
Source: www.thehindu.com
