Eureka Forbes looks to join billion dollar club by 2020 - white air purifier

by:Yovog     2021-01-13
Eureka Forbes looks to join billion dollar club by 2020  -  white air purifier
Forbes bought Switzerland.
Lux International, a US-based home appliance company, sells products in 63 countries.
Home appliance maker Eureka Forbes aims to double its turnover over the next five years to become a billion dollarsdollar entity.
The company mainly sells water purifiers, vacuum cleaners and air purifiers, and its dealer network is expanding year by year to 25,000
End, from the current 17,000, at 3,000-
There are 3,200 towns.
"Our goal is to become a $1 billion company in the next five years," Eureka Forbes CEO --
Marzin R Shroff, senior vice president of direct sales and marketing, told PTI.
Shapoorji Pallonji Group has a turnover of Rs 3,100, an annual growth rate of 15% and an international market of 30%.
He said that the company is eager to tap the market potential of water purifiers, water purifiers are the largest market segment in Africa.
The subway is better than the subway.
"We expect that 1 out of 3 of the total water purifier sales will come from Tier 3 and Tier 4 cities in the next three years," Shroff said . ".
The company is also building a channel through which 20,000 of the population of towns
1,00, 000 and 5,000-
Will cover 20,000.
Its water purifier brand Aquaguard has been 15-
18%, the product is sold in three modelsbrands --
Dr. Aquaguard, Aquaguard and AquaSure.
Only Aquaguard sold directly-
It is also available through retail and online sales this year. On the e-
"We look forward to a digital business channel," said Shroff.
The customer will sell through the digital platform, but will end the sales through direct sales.
This will contribute up to 40% over the next three years.
"He believes that the air purifier that was renamed" air purifier "is to meet its 5-year target.
"By 2018, sales of air purifiers will account for at least 20%.
"We expect sales of air purifiers to reach Rs 700 by 2018," added Shroff . ".
India's air purifier market is now under Rs 100, but is expected to grow rapidly over the next two years.
Forbes bought Switzerland.
Lux International, a US-based home appliance company, sells products in 63 countries.
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