What an IKEA!!!

The world’s hottest-selling Swedish brand is finally ready to retail in India Last week, the 75-year-old Swedish retailer finally opened its massive 13-acres flagship store in Hyderabad. To remain open all 365 days of the year, with a whopping spend of Rs 4500 crore, a cost overrun that it probably hadn’t foreseen, it’s the first […] Read more »

Retail Side Story

“With the boom in housing sector, and the ever increasing millennial customer base with higher disposable incomes, the category is seeing a growth of CAGR 25% (YoY) for the past four consecutive years, says Sitaram Kumar, Senior Vice President, Home Centre A veteran in the home furnishing market, who has deep experience of top retail […] Read more »

Weaving a fine tapestry in CSR

Radhika Sachdev speaks to the company spokesperson for all the right answers on Jaipur Rugs Established by Nand Kishore Chaudhary (NKC) in 1978 with just two looms, Jaipur Rugs is today, one of the country’s largest manufacturers of hand-knotted rugs, with operations spanning across 20+ branches in six states and 600 Indian villages. Working independently with over […] Read more »

Expanding and How

Innovation and multi-channel distribution are the hot buttons for growth in the home textile market in India The times are e-changing for the home textile industry in India, slowly and notably. A bunch of Indian traders on a business visit to the US recently, stumped a blogger with, “Why doesn’t JC Penney have a Sephora […] Read more »

“We want to be an end-to-end solution provider in home décor”

At present, the domestic home textile in India is estimated at Rs 460 billion out of which only around Rs 10 billion is branded market. However, by all accounts, the branded market is set to get bigger. About 20 years ago, it was a common practice among Indian couples to have about a dozen-odd bed […] Read more »