Hafele Aims for 50% Sourcing and Expands Supplier Base in India

27 Dec 2024 CW Team

Schloeder further explained that the mid-term target was to increase local sourcing from 30 per cent to over 50 per cent, and they would assess how things evolve thereafter.

He was responding to a query about Hafele's approach to boosting local sourcing.

So far, 90 per cent of Hafele's products were imported from various regions, with China being the largest market, though not the only one. Schloeder mentioned that Hafele was less exposed to China than some other companies.

Explaining the reasons behind the company’s reliance on imports, he noted that Hafele is not a typical manufacturing company, as it manufactures less than 10 per cent of its products worldwide.

Schloeder highlighted that the company’s portfolio is highly diversified, including home appliances, partitions, furniture, fittings, and faucets, among others. He added that Hafele operates like a platform to some extent, working with a vast network of suppliers across the globe.

When asked if the company was considering setting up its own manufacturing unit in India, Schloeder confirmed that, similar to their global practice of producing about 10 per cent of their needs in-house, Hafele plans to establish its own facility in India. This will involve manufacturing certain products typically produced in Europe.

The initial focus will be on producing for the Indian market, but with the long-term goal of expanding to serve global markets.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..