Interio by Godrej aims 2x revenue by FY29

Interio by Godrej, the furniture brand from Godrej Enterprises Group, has put an ambitious expansion plan in place from opening large format stores and also expanding its smaller format stores.

- SHARLEEN D'SOUZA

It plans to open 20,000 square feet stores, most of which will be in metro cities and the company plans to open 5,000 square feet stores in Tier II and Tier III cities. It also has placed a target of reaching revenues of ₹10,000 crore by the financial year 2029 (FY29). The revenue from Godrej Interio currently stands at ₹4,000 crore.

Nyrika Holkar, executive director at Godrej Enterprises Group, said that Interio by Godrej is the fastest-growing segment among all its businesses, which is currently growing at 16-17 per cent.