Hindware CEO Nirupam Sahay says company will expand 540 brand stores, launch AI-powered products to gain market share in recovering building materials sector. "The market is premiumizing not only in metros and tier 1 towns but also in tier 2 and tier 3," he added. The strategy will drive average selling prices higher over time, with value growth coming from both volume expansion and premiumization.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/home-and-decor/hindware-targets-1-25-1-5x-market-growth-with-premiumization-smart-tech-push/128288203
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/home-and-decor/hindware-targets-1-25-1-5x-market-growth-with-premiumization-smart-tech-push/128288203