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ORGANISED FURNITURE SECTOR
Free trade pacts to boost furniture exports, domestic manufacturing: IndustryIndia's furniture sector is set for a major boost. New free trade agreements will open up export markets and encourage investment. Domestic...- Delhi Chakka Jam live updates: Why drivers are on strike today in NCR; Check areas affected in Delhi, Noida, Gurugram, Ghaziabad and NCRDelhi Chakka Jam News: A three-day transport strike has started today across Delhi-NCR. Commercial vehicle drivers are protesting rising fu...
- India labour market remodels itself bit by bit as agri slowly cedes ground, workforce moves onIndia's labour market is undergoing a structural transformation driven by the country's broader economic transition, a report by SBI Resear...
- Middle East war may make your sofa more expensiveThe Middle East conflict is impacting Indian homes. Furniture makers face rising costs for materials like foam and lacquer due to global sh...
- How corporate wellness is transforming office furniture trends in IndiaIndia's office furniture market is experiencing significant growth, projected to reach $7.3 billion by 2030, driven by a strong emphasis on...
- Godrej furniture arm to invest Rs 300 cr; aims to double revenues to Rs 10,000 cr by FY29Godrej Interio plans a Rs 300 crore investment for expansion. The furniture arm targets Rs 10,000 crore revenue by FY29. It aims to increas...
- Automation to drive higher growth rate for India's MDF industry -Greenpanel CFOIndia's furniture industry will experience significant changes with the entry of organized domestic and international players and the adopt...
- DPIIT's marathon webinar series focuses on promoting quality, productivityThe department has said the webinar series, comprising 45 sessions, is covering various major sectors in manufacturing and services includi...
- Employees are moving into ergonomic home-work setupsBoth individual buyers and companies are investing in creating enabling workspaces at home, as the likes of Google, Uber, Razorpay, SpringW...
- Godrej Interio expects to grow at 20% this fiscalOut of total furniture market worth Rs 50,000 crore, the organised market was just 20%. However, it has been growing at an improved rate th...
- Godrej Interio eyes Rs 400-crore turnover from mattress segment"We have around 5 per cent market share in the organised mattress segment now but we are expecting to double our turnover in the next three...
- Godrej aims 23 per cent share in home, office furniture in 2 years"We are seeing development with many players moving out, creating space for others. This could result in increasing business in organised s...
- Experts see higher demand in plywood, laminates stocks with government's focus on low-cost housingWith the government’s continued focus on infrastructure and low-cost housing, demand for plywood and laminates is likely to remain strong, ...
- Furniture, furnishings sector to need 11.3 million workers by 2022: NSDC reportIndia’s furniture and furnishings sector will need about 11.3 million skilled workers by 2022, according to the National Skill Development ...
- Ikea's imminent entry stirs up furniture sectorAction is hotting up in the organised furniture market ahead of the entry of the world's largest furniture maker, Ikea.
- Gita Piramal divests 95% stake in BP Ergo to HNI CorpThe deal will help the world’s second largest furniture company to own capacities capable of providing furniture to two lakh people annuall...
- Luxury is bling for lots of people in India: Gunjan Gupta, Founder, Wrap Art & DesignThe foray of international big names such as Natuzzi and IPE Cavalli into India is evidence that a promising market, especially in the luxu...
- FDI in retail: India awaits world's biggest furniture manufacturer 'Ikea'If Ikea finally sets up shop here, it might find a market ready and waiting for its affordable yet distinct brand of furniture.
- Our growth rate remains consistent at over 60%: Anant Maloo, Chairman & MD, Timbor HomeIn an interview with ET Now, Anant Maloo, Chairman and Managing Director, Timbor Home Ltd, talks about business plans.
- Theme plans Rs 1,100-cr furniture hub in GujaratKolkata-based Theme International, part of a Rs 600-crore conglomerate with interests in wood-based items, has decided to set up a Rs 1,100...
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