NEWSLETTER |
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Mr Rajesh Mehra, promoter and director, Jaquar Group and his nephew Mr. Parichay Mehra, are set to turn the global bath fittings market. The duo are unleashing big global plans with their massive manufacturing base in India — the facility is home to some 4000 workers, who work in three shifts, producing over 22 million bath fittings annually. |
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Mr Rajesh Mehra & nephew Mr P Mehra
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Jaquar's fully integrated manufacturing plant.
Jaquar Research & Development (R&D).
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Jaquar Group expects turnover to touch Rs 3,000 crore |
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Bath fittings and sanitaryware major Jaquar Group is eyeing over 25 per cent growth in its turnover to touch Rs 3,000 crore next fiscal as it expects incentives for realty sector announced in Budget 2016-17 to fuel demand.
The group is also revamping its value segment brand Essco to offer "complete bathing solutions" in order to tap tier II and III markets, besides seeking to grow its traditional luxury and premium range of products. |
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Brand consolidation offers a tremendous opportunity. Jaquar hopes to derive substantial value by consolidating its three brands - brand Artize for luxury segment, brand Jaquar for premium segment and brand Essco for value segment - under Jaquar Group. It will help strengthening the stronger brands even more and supporting the premium niche brands in its portfolio. |
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Superbrand Title for Jaquar |
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Jaquar has been selected as an Indian Superbrand by the Superbrands Council of India. Superbrands, as the name suggests, attempts to identify brands that have developed a strong and positive perception in the market. Jaquar stands in the top 5% across 2000 brands, with maximum recognition and awareness. |
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© Jaquar Group Newsletter is a regular e-mail of Jaquar Group. Please visit www.jaquar.com |
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