India's rapid growth propels Kohler to top three markets, CEO Predicts
Interiors

India's rapid growth propels Kohler to top three markets, CEO Predicts

Kohler, the US-based kitchen and bathroom products’ company, is experiencing its most rapid growth in the Indian market, positioning India to become its third-largest market by 2024, according to David Kohler, the company's Chair and CEO.

Currently, India stands among the top five markets for Kohler. David Kohler noted that India boasts the world's swiftest-growing GDP among major economies, and within this context, the company's growth in India is even more remarkable, outpacing the global trend. He attributed this robust expansion to the burgeoning middle class and their increased purchasing power for household goods, a trend expected to continue. This advantageous position has established Kohler as a strong player in the premium market segment.

While the United States and China still constitute the company's primary markets, plans are underway to bolster manufacturing capabilities in India. With China's growth rate slowing down and a noticeable discrepancy in growth rates between India and China, Kohler anticipates this divergence to continue, particularly given China's projected more measured growth trajectory.

The company has been positively impacted by the repercussions of the Covid-19 pandemic, particularly in terms of increased home sales. People have come to recognise the value of investing in their homes, leading to a greater willingness to allocate additional resources towards enhancing living spaces and enriching experiences. Kohler has identified a renewed surge of interest in expanding bathroom dimensions as a result of this trend.

Kohler's manufacturing facilities are currently based in Gujarat, India, and the company has plans to expand its faucet manufacturing unit in the upcoming year.

Kohler, the US-based kitchen and bathroom products’ company, is experiencing its most rapid growth in the Indian market, positioning India to become its third-largest market by 2024, according to David Kohler, the company's Chair and CEO.Currently, India stands among the top five markets for Kohler. David Kohler noted that India boasts the world's swiftest-growing GDP among major economies, and within this context, the company's growth in India is even more remarkable, outpacing the global trend. He attributed this robust expansion to the burgeoning middle class and their increased purchasing power for household goods, a trend expected to continue. This advantageous position has established Kohler as a strong player in the premium market segment.While the United States and China still constitute the company's primary markets, plans are underway to bolster manufacturing capabilities in India. With China's growth rate slowing down and a noticeable discrepancy in growth rates between India and China, Kohler anticipates this divergence to continue, particularly given China's projected more measured growth trajectory.The company has been positively impacted by the repercussions of the Covid-19 pandemic, particularly in terms of increased home sales. People have come to recognise the value of investing in their homes, leading to a greater willingness to allocate additional resources towards enhancing living spaces and enriching experiences. Kohler has identified a renewed surge of interest in expanding bathroom dimensions as a result of this trend.Kohler's manufacturing facilities are currently based in Gujarat, India, and the company has plans to expand its faucet manufacturing unit in the upcoming year.

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India — from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans’ long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Next Story
Infrastructure Urban

Mphasis Partners with Sixfold to Revolutionize Insurance Underwriting with AI

Mphasis, a leading provider of cloud and cognitive technology solutions, today announced a strategic partnership with Sixfold, a US and UK-based artificial intelligence (AI) underwriting company, to enhance and streamline insurance underwriting processes. As a certified implementation partner, Mphasis will integrate Sixfold’s AI-powered platform to help insurers significantly accelerate submission intake, improve risk assessment accuracy, and reduce underwriting turnaround times. The solution, already in production at several leading carriers, is designed for Life & Disability, Comm..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?