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Mattress Maven
Retailer
|January 2024 - February 2024
Over the past 35 years, Centuary Mattress has maintained a CAGR of nearly 20 percent, a feat few family-owned businesses can claim in any industry.
Uttam Malani is the Executive Director of Centuary Mattress, which is the country’s leading mattress brand, popularly also known as India’s sleep specialist. Founded by his grandfather in 1988, Centuary Mattress has become one of the most enduring and stable brands in the industry. Over the past 35 years, it has maintained a CAGR of nearly 20 percent, a feat few family-owned businesses can claim in any industry.
“I have had the privilege of being a part of this journey since 2008, witnessing our evolution from a mattress manufacturer to a diversified company involved in polyurethane foam production, exports, and the online space. Today, the industry stands as a significant market worth Rs 10,000 crore, and Centuary has solidified its position as a top player, maintaining a 10 percent market share in the organized segment,” said Malani.
This story is from the January 2024 - February 2024 edition of Retailer.
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