Godrej Interio aims for Rs 450 crore in revenue from northern India by FY26

Godrej Interio expansion plan: Godrej Interio, a brand offering furniture and interior solutions, has set a target to achieve Rs 450 crore in revenue from the northern region of India by the fiscal year 2026. The company, under the ownership of Godrej Group flagship firm Godrej & Boyce, also intends to nearly double its market share in the organised furniture sector within the Delhi-NCR region, a key market in the north zone, within the next three years.

In line with its growth strategy, Godrej Interio is actively expanding its sales network in the northern market. As part of this expansion, the company plans to open 15 new stores in the current fiscal year, increasing the total number of stores to 35 across the northern market.

Godrej Interio Senior Vice President (B2C), Dev Sarkar, stated, "Currently, we hold an 18 per cent market share of the organised furniture sector in Delhi-NCR, and we aim to achieve a 35 per cent share within the next three years. Our goal is to generate revenue of approximately Rs 450 crore from northern India by FY26."

Specialised home furniture

Furthermore, the company is reinforcing its presence across Delhi-NCR by introducing specialised home furniture and home storage solutions during this fiscal year. 

Sarkar said, "With the Delhi-NCR home furniture market experiencing a consistent annual growth rate of over 15 per cent and a notable increase in demand for various categories such as bedroom furniture, living room furniture, modular kitchens, home storages, mattresses, and interiors for standalone residences, we are well-positioned to capitalise on these emerging trends and expand our market footprint."

The company anticipates a substantial 30 per cent growth in sales during the festive period, showcasing its optimism for the market's potential and consumer demand.

(With PTI inputs)