Euro Pratik, a pioneer in the lifestyle
industry, has announced big plans to grab a major pie of imported laminates and
decorative wall panels market in India that’s valued at around Rs 1500-1800
crore.
Showcasing renewed optimism in Indian
economy, the company has announced that it has successfully established its
presence across 130 cities pan-India.
Apart from India, Euro Pratik has also
moved overseas to explore opportunities in the international markets. While it
has already ventured in Nepal, it has recently tied up with the Dubai-based
multi-billion-dollar conglomerate Danube Group for supplying its products to
them. Moreover, Euro Pratik is also all set to open its showroom in Dubai.
Known as an innovative designer and
importer of the products comprising home decor/wall panels, Euro Pratik aims to
garner Rs. 500 crore in revenue in the next 5 years.
Pratik Singhvi, CEO, Euro Pratik said,
“At Euro Pratik, we are proud to have brought world-class technology to
India which gives us a distinct competitive edge over our competitors. We are
very bullish over both product portfolio expansion and deeper market penetration.
Accordingly, we have charted out our plans to expand our wings even in the
regional markets in the country to fulfil the fast-growing demand for our
products from all across the country. We are already present in all the A and B
class cities in India. Right now we are doing around Rs. 250 crore and we aim
to generate revenue of Rs. 500 crore in the next 5 years.”
Euro Pratik intends to produce and provide
innovative high-end lifestyle products with the use of cutting-edge new
technologies that facilitate multiple applications.
“Euro Pratik is known for bringing
innovation in its exclusive segment and our focus on R&D works as a driving
force behind our ever-growing ability to innovate and launch new products in
every 2-3 months. We are committed to introduce new designs to the Indian
market which it has not been exposed to yet. We are working on latest
innovations and we have an in-house designing team that keeps on experimenting
while we endeavour to get a wide range of new products to the Indian market,”
added Singhvi.
The exciting range of Euro Pratik products
are suitable for Retail
Showrooms, Offices, Homes, Bedrooms,
Kitchens, Bathrooms, Theatres, Restaurants,
Studios, Auditoriums, Conference Rooms,
Video Conferencing Rooms, Sports Complexes, Night Clubs, Casinos, Museums,
Private Suites, Parlours, etc. Creating its niche in the lifestyle segment,
Euro Pratik has emerged as a pioneer in the lifestyle industry whilst holding a
wide range of products to choose from.
Euro Pratik is serving the domestic market
with numerous decorative and quality products like Korean Charcoal Polystyrene
panels and moulding, Fashion Wall, Egger Euro Pratik aims to generate Rs 500
crore revenue in India in next five years
OSB, Granorte, Lamage HPL, Acrylic & PVC
laminates, Alabaster, Plywood, Rubberwood Finger-jointed boards, among others.
Euro Pratik caters to every price point to make sure its customers are never
out of options. Euro Pratik aims to generate Rs. 500 crore revenue in India in
next five years. Courtesy: www.aninews.in
