Business Daily from THE HINDU group of publications
Thursday, Aug 24, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Outlook
Variety - Interiors & Homes
Web Extras - Retailing
States - Maharashtra
Aaditya Industries plans expansion

Our Bureau

Pune , Aug. 23

The city-based Aaditya Industries, manufacturer of pre-fabricated kitchen systems, is all set to expand its presence across different States and increase production capacity at its unit.

Mr Anand Ambedkar, Director, Adeetya Kitchen System, the new identity unveiled by the company, said it has increased production capacity at its facility in Sinhagad Road in the city. The facility, which could produce 1,000 kitchens, would now be able to manufacture 3,500.

He said that the company has invested close to Rs 50 lakh for the expansion and has added a new Italian line of machinery, which it has picked up from Bangalore.

New unit

It is also mulling opportunities for setting up another facility, which could be either in Pune or Mumbai. The new facility would take shape in another couple of years and an investment of Rs 1 crore would be utilised for this.

He said the cut-off point for the setting up of the new facility would be a production of 5,000 kitchens.

Aaditya Industries also plans to increase its number of showrooms from the existing 10 to 23 during the current fiscal. It plans to set up five showrooms each in Pune and Mumbai and three more in cities such as Bangalore and Belgaum in Karnataka and Panjim in Goa.

Commenting on the potential for pre-fabricated kitchens, he said according to an estimate, every year over 50,000 new houses are being constructed which transformed to a need for 50,000 kitchens.

According to the survey, only 15 per cent of buyers went for specialised agencies for the kitchen systems, out of which about two per cent opted for high-end modular kitchen systems, the price of which starts from Rs 2 lakh and 13 per cent went for pre-fabricated systems, the basic price of which starts from Rs 25,000.

Of the remaining 85 per cent, 40 per cent did not go for specialised kitchen systems while the rest went in for systems made by unorganised players.

Mr Anand said the company is all set to roll out kitchen systems with user-friendly features. These include safety caps on the screws in the system, special design that would enable easy cleaning of the system and special kitchen systems made to suit the requirements of the customers having transferable jobs.

More Stories on : Outlook | Interiors & Homes | Retailing | Maharashtra

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
AstraZeneca mulls brand in-licensing


GMDC gets Korba, Hazaribagh coal blocks
R.S.Lodha, EIIC appeal against CLB order
Essar Shipping & Logistics raises $200 m from overseas market
Prajay Engg allots shares to Goldman Sachs
McNally Bharat's FCCB issue scheduled for Sept
PowerGrid declares dividend of Rs 302.68 cr
Suzlon bags two orders worth Rs 345 cr from Italy, Portugal
L&T gets Rs 380-cr NTPC order
GMR Ind plant gets energy efficiency award
Novartis case hearing on Sept 13
Accountancy professional bodies form core group
Tatas buy 30 pc of US beverage co for $677 m
Centre clears KRL-BPCL merger
BPCL, KRL merger to save Rs 150-cr CST a year
TNPL plans Rs 650-cr expansion
Max Healthcare set to expand operations
Bharat Forge, Maharashtra to co-develop SEZ near Pune
Simbhaoli's Rs 403-cr investment plan likely to conclude by March
NTPC set to start work at Simhadri power plant
Rane Madras plans Uttaranchal plant
Zak Tradefairs to tie up with Messe Dusseldorf
Kaizen certified training programmes
1:1 bonus from Sundram Fasteners
Aaditya Industries plans expansion
Toyota working out modalities for small car


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line