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Chennai-based Eartheque Exquisite Elements, a leading architectural stores, with bespoke design in India, plans to set up stores in all the States in the country by 2020, a top company official said on Monday.
As part of the expansion plans, stores, having furniture, interior and lifestyle products and accessories, will be opened in Hyderabad, Goa and Pune shortly, the company’s Director-India, Shilpa Darshan Kumar told reporters here.
With the company opening its first store here under the franchisee mode, she said Indians were fast developing a taste for good life and this was being reflected in the rapid growth in the interior decoration business market.
The company is eyeing a good market share of ₹200 billion market in India in another five years, its promoter in the UAE, Akmal said.
Though there was a slight slow down in the construction industry, it has not not affected the demand for the multi-brand design products, he said.
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