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Godrej Interio records sales of Rs 1500 crore
Posted On: 11-06-2013 00:00:00 13

Godrej Interio the furniture arm of Godrej and Boyce Ltd., recorded a sale of Rs 1,500 crore in 2012 13. The business-to-business (B2B) segment comprising health care and hospitality currently accounts for 70 % of its total sales, while the rest comes from the retail segment.

The company is now preparing to invest over Rs 300 crore to set up production units and expand its retail network. One of the manufacturing units will come up in the East since the Eastern region accounts for nearly 29 % of its total sales.

The company, which has around 165 retail outlets at present, is in an aggressive expansion mode and plans to add 75 new stores in the current year. Of the 165, 50 stores are company owned while the remaining are franchise outlets. Even as it grows its retail business the company expects to continue to grow the healthcare and hospitality segments in its B2B category.

 
 
 

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