Godrej Interio plans to open 12 more stores in Delhi-NCR region this year
By Retail4Growth Team |
August 09, 2019
According to the company, the Delhi and NCR region are expected to grow 20% in the home furniture segment this fiscal and the company is looking to tap the opportunity.
Godrej Interio, India’s one of the leading furniture and interior solutions brand, said it plans to strengthen its retail presence in Delhi-NCR region by adding 12 more stores by the end of this year.
According to the company, the Delhi and NCR region are expected to grow 20% in the home furniture segment this fiscal and the company is looking to tap the opportunity.
"While the brand currently has a strong network of 15 exclusive stores in Delhi NCR region, it plans to launch 12 stores to be opened during the year," Godrej Interio said in a statement.
The company further added, "In the office furniture segment, Delhi contributes Rs 135 crores to the brand's overall annual business revenue which is 60 per cent of overall Delhi/NCR region revenue of Rs 225 crore.”
Anil Mathur, Chief Operating Officer, Godrej Interio said, “We have always believed in going beyond the mundane and therefore consistently provided extraordinarily innovative products to our customers. Today, consumers are well-informed with a lot of global exposure and they want to enjoy a finer lifestyle.”
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