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HYDERABAD: Manufacturer of modular workstations and allied products V3 Engineers Pvt Ltd on Wednesday announced its entry into the home segment in Andhra Pradesh. V3 will be offering home furniture under the brand name - V3 Homezone.

Speaking on the occasion Mr Guru Prasad, Director, V3 said, "V3's successful history and expertise in the office segment with strong synergies in terms of production and design capabilities is the backbone of our foray into the home furniture category."

"We are positive that we will be able to replicate the success of office furniture in the home furniture category as well."

V3 Homezone endeavours to offer products that suit an individual's unique needs. V3 Engineers first launched Homezone at Karnataka in September 2007. It plans to establish three branded- franchisee outlets in Hyderabad and one each in Vijayawada and Viz ag.

V3 is looking at revenue of about Rs 35 crore in the next three years from Andhra Pradesh.

Mr Prasad said V3 turnover recorded at Rs 50 crore is expected to reach Rs 200 crore in next three years and plans to expand its business in South India apart from the nine states all over the country. - PTI

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