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Elista Enters Fridge Market In India, Targets Rs 500 Cr Revenue By 2025

Elista, a producer of electronics, home appliances, IT and mobile accessories, has entered the refrigerator market with a range of single-door refrigerators, the company announced in a media release on Tuesday. The refrigerator business in India is rapidly expanding, with a compound annual growth rate (CAGR) of 10.2 per cent expected between 2023 and 2031. […]

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Birla Group Unveils “Birla Opus” Paints Brand, Aims For Rs. 10,000 Cr Revenue

Aditya Birla Group Chairman Kumar Mangalam Birla, on Thursday, unveiled products and services under its new decorative paints brand “Birla Opus”, aiming for Rs.10,000 crore gross revenue within three years of full-scale operations. This marks the Aditya Birla Group’s entry into the rapidly expanding Rs 80,000 crore Indian decorative paints market, with an unprecedented level […]

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Asian Granito Stock Jumps 9% As Sanitaryware Plant Opens

Asian Granito’s stock surged nearly 9 per cent on 26 December, fueled by the launch of its sanitaryware manufacturing arm, AGL Sanitaryware. This marks the company’s big push into the bathroom market, leveraging its existing expertise in tiles. At 1.39 pm, shares of the company were trading nearly 6 per cent higher at Rs 75.85 […]

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Recode Studios Opens 10th Store In Ludhiana, Eyes Rs 50 Cr Revenue by FY24

Recode Studios, a retail brand opened its 10th store in Ludhiana. This expansion represents an initial investment of Rs 1.5 million. The newly unveiled Ludhiana store spans an impressive 230 sq ft, slightly surpassing the brand’s average store size of approximately 200 sq ft. Recode Studios aims to open an additional 10 stores within this […]

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French Crown Eyes Rs 10 Mn Investment To Expand Offline Footprint

French Crown, a D2C fast-fashion menswear brand is eyeing for investment of around Rs 10 million to expand its offline footprint in the market. In an exclusive conversation with BW Retail World, Ilesh Ghevariya, Founder of French Crown revealed that with looking for investment the brand is also working towards expanding its category to traditional […]

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