India UPVC Doors and Windows News

Recent industry report about India UPVC Doors and Windows company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ India UPVC Doors and Windows Market industry experts.

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India UPVC Doors and Windows News

  • February 2019 - NCL VEKA, a 50:50 JV between city-based NCL Group and the German UPVC profile producer VEKA AG, commissioned the country's largest UPVC profile extrusion plant in Hyderabad.
  • January 2019 - REHAU planned to open 56 retail centers in India by 2020.

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  • In February 2021, Home Depot recently opened a new distribution center in Dallas, Texas, focused on the fast fulfillment of online orders. The new 1.5 million-square-foot facility is expected to deliver millions of online products directly to customers' homes or for pickup at local stores.
  • In January 2021, Walmart, a leading retail corporation, launched a new fin-tech start-up specifically discovered to produce and supply unique, inexpensive, and current financial DIY solutions to associates and customers.
  • In December 2023, Godrej & Boyce, a pioneer in driving sustainable practices in business launched Conscious Collective - a new initiative from the Godrej Design Lab. The first edition of Conscious Collective aspires to herald a new era of design-led innovation with a strong focus on sustainability and circularity that help consumers make conscious choices.
  • In April 2023, India's First-Ever Safety Application for Material Handling Godrej and Boyce, India's flagship company launched i-Report, its innovative safety solution to improve safety in the material handling industry in India. The app will help to bridge the gaps in the industry’s safety policy and standards by providing a 360-degree safety solution to their customers as well as business partners by providing remote and real-time incident reporting and audit capabilities, as well as training and consultation. 
  • June 2023: The FITOUT, one of the leading providers of comprehensive interior solutions in the Middle East and a subsidiary of Union Properties, has collaborated with the Gurian, an Italian furniture manufacturing company, to expand its product offerings and introduce Italy's finest luxury furniture to the UAE market.
  • June 2023: Vivium Holding, a progressive single family office announces a strategic distribution agreement with Kettal, the renowned Spanish outdoor furniture brand driven by design and innovation. With Kettal's first UAE store to debut early next year, the collaboration adds to Vivium Holding's growing investments portfolio
  • In 2022, Japanese furniture and home furnishing brand Nitori Retail has opened its first outlet in Singapore on March 31, spanning 31,630 sq ft on level four of Courts Nojima The Heeren in Orchard.
  • In 2022, IKEA and H&M are teaming up to create an 'ideas factory' on the high street that aims to seek out, mentor and promote designers and small-scale manufacturers in London.
  • August 2022: Linum Ceramic announced the launch of one of the largest production facilities in Morbi, Gujarat. The new manufacturing facility was expected to be 5.6 lakh square feet in size and would likely highlight the manufacture of Linum ceramic.
  • January 2022: Somany Ceramics, a manufacturer of tiles and bathroom fittings, estimates about USD 200 million aimed at capacity expansion; the capital expenditure was likely to result in a 20% capacity boost across its operations in south, west, and north India, allowing it to meet increasing demand after a rise in house sales.
  • In May 2023, Samsung, launched its 2023 range of semi-automatic washing machines that come with new features such as Soft Closing Toughened Glass Lid and Dual Magic Filter. These added features make this latest range an ideal purchase for a seamless laundry experience.
  • In March 2023, Haier, announced the launch of its new line-up of anti-scaling top load washing machines. Powered by Haier's anti-scaling technology, bionic magic filter, and 3D rolling wash, the new range complements modern lifestyle needs making the laundry experience efficient, simple, and effortless along with taking care for fabric.
  • In Januaruy 2023, Samsung, announced the launch of its top-of-the-line, premium Side-by-Side Refrigerator range. This new range is 100% manufactured in India and comes with several India-specific features based on consumer insights that will make the lives of consumers convenient and better.
  • September 2023: International firms are rapidly expanding into the Vietnam furniture industry as a result of lower tariffs, an easy trading environment, convenient logistic services, and a wide range of materials for manufacturing furniture in the country. Denmark’s JYSK and BoConcept are the leading international players in this expansion. The international players are aiming to establish their manufacturing plants as well as to capture the Vietnamese furniture retail chain.
  • July 2023: AA Corporation completed the interior fit-out works, supplying and installing millwork and loose furniture at the Regent Phu Quoc resort. The resort has 176 suites and 126 villas with spacious rooms, and AA Corporation has supplied luxurious furniture for these rooms and suits. For this project, the company has provided mixed-use furniture development comprising luxury residences and a hotel.
  • January 2022: IKEA improved its e-commerce capabilities after having difficulty adapting after the pandemic. This was expected to improve its exports and imports across the globe and in Vietnam.
  • August 2022: Cybeart, a Canadian manufacturer of premium gaming accessories, announced the world's first Lord of the Rings Chair on 25th August 2022. In addition to Cybeart's existing range of officially licensed products, the upcoming product line will be a continuation of its ongoing partnership with Warner Bros.
  • June 2022: CORSAIR, a world leader in PC gaming peripherals and enthusiast components, launched the new CORSAIR TC200 Fabric Gaming Chair and the CORSAIR TC200 Leatherette Gaming Chair, a pair of bold new additions to the growing CORSAIR gaming furniture lineup. Each chair's racing-inspired design features a wide seat surface and extended height range, to accommodate taller individuals and help them sit in a relaxed position while gaming.
  • In April 2022, Platinum Equity portfolio company Paramount Global Surfaces acquired Stone Source from a group of investors led by Founders Equity.
  • In December 2022, Emser Tile, a leading designer and producer of the world's finest tile and natural stone, announced the release of four new collections of glazed porcelain and ceramic tile (Tubage, Boxwood, Fragmento, and Estasi).
  • January 2023 - Majid Al Futtaim's Lifestyle division has taken on the UAE rights for Poltrona Frau, the luxury Italian furniture brand known for its leather interiors. This marks the UAE entity's entry into the home interiors space, which has been recording some fast-track growth in recent years in sync with developments in the wider property market.
  • August 2022 - One of the top luxury furniture retailers in the UAE, Sophia Home is the home of traditional and modern luxury furniture as well as carefully chosen home décor items from interior designers to make your house a luxurious residence. Sophia Home has opened its second showroom in the United Arab Emirates at Dubai Hills Mall. In Abu Dhabi, it has become one of the best places to buy high-end furniture.

India UPVC Doors and Windows Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)