WoodenStreet to expand in tier 2 Cities with investment of ₹8-10 Cr
Interiors

WoodenStreet to expand in tier 2 Cities with investment of ₹8-10 Cr

WoodenStreet plans to grow its physical presence in tier 2 cities, where the firm got significant exposure through online sales during the epidemic, after creating a reputation for itself and quality in metropolitan capitals. To keep the momentum rolling, the brand has declared that it would invest $8-10 million to increase its physical presence in tier 2 cities.

The existence of WoodenStreet has been gratifying throughout the uncertain days of the epidemic. During the lockout, 30% of the brand's consumers came from tier 2 cities, motivating the company to invest and develop. In the next 12 months, the company plans to establish 20+ outlets in 10+ tier 2 cities. Each of these experience stores will be 2500-3000 square feet in size, allowing for maximum flexibility.

The brand is planned to open four additional smart shops in locations including as Chandigarh, Lucknow, Ranchi, and Nagpur. These stores will be highly advanced, using virtual reality technology that will allow customers to imagine their houses while shopping for furnishings. The business hopes to provide 100+ job possibilities for residents as a result of this growth.


Lokendra Singh Ranawat, CEO WoodenStreet expressed his vision and details about the expansion, “The tier 2 city market has been the backbone of the industry. So far, our experience in cities like Jaipur, Ahmedabad, Indore, Agartala & Kochi has been nothing short of amazing. We have designed an exclusive range of products that are highly in-demand in the tier 2 cities & we believe our customers from these parts of the country will love what we have in store”.

The brand has so far outperformed every rival in the industry, and this expansion may quadruple their presence in the country. People who want to work with the brand can contact them, since all of these locations will be a combination of franchise and company-owned locations. The growth plan appears to be quite promising, and it will undoubtedly benefit WoodenStreet.

WoodenStreet plans to grow its physical presence in tier 2 cities, where the firm got significant exposure through online sales during the epidemic, after creating a reputation for itself and quality in metropolitan capitals. To keep the momentum rolling, the brand has declared that it would invest $8-10 million to increase its physical presence in tier 2 cities. The existence of WoodenStreet has been gratifying throughout the uncertain days of the epidemic. During the lockout, 30% of the brand's consumers came from tier 2 cities, motivating the company to invest and develop. In the next 12 months, the company plans to establish 20+ outlets in 10+ tier 2 cities. Each of these experience stores will be 2500-3000 square feet in size, allowing for maximum flexibility. The brand is planned to open four additional smart shops in locations including as Chandigarh, Lucknow, Ranchi, and Nagpur. These stores will be highly advanced, using virtual reality technology that will allow customers to imagine their houses while shopping for furnishings. The business hopes to provide 100+ job possibilities for residents as a result of this growth. Lokendra Singh Ranawat, CEO WoodenStreet expressed his vision and details about the expansion, “The tier 2 city market has been the backbone of the industry. So far, our experience in cities like Jaipur, Ahmedabad, Indore, Agartala & Kochi has been nothing short of amazing. We have designed an exclusive range of products that are highly in-demand in the tier 2 cities & we believe our customers from these parts of the country will love what we have in store”. The brand has so far outperformed every rival in the industry, and this expansion may quadruple their presence in the country. People who want to work with the brand can contact them, since all of these locations will be a combination of franchise and company-owned locations. The growth plan appears to be quite promising, and it will undoubtedly benefit WoodenStreet.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code