Hindware Expands Its Presence In Punjab With New Brand Store Launch
Hindware Limited, one of the leaders in complete bathware solutions and makers of the iconic brand ‘Hindware’, today expanded its footprints spread across 17 stores in Punjab, with the inauguration of its new brand store in Mohali. The company is expanding its horizons by introducing offerings across its brands – Hindware, Hindware Italian Collection, Queo and Hindware Italian Tiles at Gupta Tiles & Sanitaryware. The store has variety of products such as baths, faucets, toilets, tiles, shower heads and panels across different price ranges to provide a one-stop-shop to customers for all their bath needs.
The store was inaugurated by Sudhanshu Pokhriyal, Chief Executive Officer, Bath & Tiles, Hindware Limited. It is being introduced, keeping in mind the rising demand for products with modern, aesthetic designs and multifunctional utilities. It is spread across 4500 sq feet and will welcome walk-ins from homeowners, trade professionals, influencers, architects, and interior designers on all seven days of the week.
Speaking about the newly launched store, Sudhanshu Pokhriyal, Chief Executive Officer, Bath & Tiles, Hindware Limited said, “At Hindware we are invested in strengthening our geographical presence across markets in India, and Punjab holds a key position within our expansion plans. Mohali is a vibrant city, and we are excited to bring our offering to the market. Furthermore, we are optimistic to receive a positive response from Mohali.”
He further added “At Hindware, it has always been our vision to empower people with our expertise, and through thoughtful product designs based on consumer needs. With the inauguration of our new store, we will further strengthen our presence in northern markets which will enable our existing and potential customers to experience the wide range of product offerings across our innovative brands”
Hindware Limited has been at the forefront of industry-first designs and innovations for decades. In H1 FY23, the company’s revenue stood at ₹743 crore, registering a growth of 48% Y-o-Y. The segment outperformed the market on the back of product and design leadership, brand awareness, a diverse product portfolio, and a strong distribution network, helping the sanitaryware and faucets business to grow substantially. Currently, the business holds 350+ brand stores for an immersive customer experience, 400+ distributors for a wide network and more than 20000 + active retail touchpoints. The company continues to focus on driving growth and is confident of sustaining it in the coming quarters.