furniture industry in India
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Priyanka Tanwer Dec 30 2022 - 4 min readWith an aim to solve the issues such as deforestation and stubble burning, Indowud has come up with an alternative to produce furniture which looks like wooden but is made with the use of stubble, which is a huge reason for pollution in the national capital Delhi. Speaking about the journey of Indowud BL Bengani, ...
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Opportunity India Desk Sep 05 2022 - 2 min readIndian furniture brand, WoodenStreet, has announced to launch three stores in Bangalore. The newly open stores cover a combined carpet area of 15000-18000 square feet after the launch Woodenstreet now has 70 stores across the country. The company also revealed its plans to open 300 stores in the next 2 years. Woodenstreet has claimed that ...
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Mudit Pareek Nov 23 2021 - 5 min readWith the force of the global pandemic, the furniture industry has been impacted due to the strict government policies and lockdown protocols, where individuals were expected to stay at home in order to avoid the exposure of the virus. The demand for furniture dropped in 2020 as offices and public places were closed for a ...
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Prabhjeet Bhatla Oct 11 2021 - 2 min readTransteel, a D2C brand for office furniture targeted at SMEs and middle-market companies, on Friday announced to have received growth capital of INR 4 crore from marquee investors including revenue-based financing player Klub. The company further aims to utilize the amount in improving customer service, logistics, manufacturing, and customer acquisition. “It gives us ...
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Sneha Santra Jun 14 2019 - 3 min readIn India, 70% of the accommodations are unfurnished. Thus, the only option available for people was to either buy new or old furniture, which seem like a broken market. The problem increases in the case of college students while renting an apartment, as they are already on a shoe-string budget and purchasing furniture throws them ...