Mr. Akhilesh Chitlangia
Duroply Advised Distributors To Adopt Diverse Sales Channels, Embrace Technology And Build Partnerships.
New Delhi, January 16, 2024: Duroply, India’s most experienced among the leading plywood companies, has applauded the critical role played by distributors in the interior category. Speaking at a recent industry event, Duroply’s Executive Director, and Chief Operating Officer, Mr. Akhilesh Chitlangia expressed deep gratitude for distributors in the expansive growth journey of Duroply and offered some guidance on how to grow their business in the fast-evolving landscape.
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Mr. Akhilesh Chitlangia said, “Distributors play a vital role in the interior industry segment. They understand the customer’s personality and suggest to them plywood, veneer, laminates, and other products that will bring to life customers’ dream homes. It is distributors who educate customers on the importance of buying branded plywood so that the home interiors can last generations.”
In the fast-evolving digital and distribution landscape, Mr. Chitlangia advised distributors to adopt a threefold approach, “Distributors should adopt diverse sales channels, embrace technology, and build partnerships. With the advent of online channels, new distribution modes are evolving and therefore, to continue to grow, existing distributors should adopt diverse sales channels.”
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He exhorted distributors to embrace technology so that they have real-time information on their inventory position and customer preference for products. They can, thus forecast future requirements better. Further, he said that for long term growth, distributors should build relationships with dealers who will get them entry into newer market segments. These strategies are essential for the growth and success of both Duroply and its valued distributors.
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Mr. Chitlangia added, “As India’s one of the most experienced plywood manufacturing companies, Duroply deeply values the contribution of its distribution partners. As the company continues to grow, it looks forward to further strengthening and nurturing these vital relationships, to ensure mutual future growth and excellence.”
DURO, the oldest Indian plywood brand, offers high-quality products and sustainable raw materials. It has launched Duro TV, a YouTube channel for consumers to learn about purchasing plywood. Duroply is India’s first plywood brand to offer a 10-foot range of plywood, boards, doors, and veneers under the brand ‘Duro Plus’. The brand also offers a Lifetime Guarantee on its products and a ‘Duro Advantage – 09 Layers of Protection’ for customer assurance.
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Ahmedabad, January 31, 2024: Asian Granito India Limited (AGL), one of India’s largest Luxury Surfaces and Bathware Solutions brands has successfully turnaround its business operations and reported excellent operational and financial performance during Q3FY24 on standalone basis.
On a standalone basis, Company reported net profit of Rs. 6.4 crore for Q3FY24 as compared to net loss of Rs. 10.2 crore in the corresponding period last year. EBITDA for Q3FY24 was reported at Rs. 15 crore as against negative EBITDA of Rs. 5.4 crore in Q3FY23. Net sales for Q3FY24 was reported at Rs. 320.2 crore.
On Consolidated basis, the company has reported a consolidated net loss of Rs. 8.1 crore for Q3 FY24, as compared to the net loss of Rs. 26.9 crore in Q3FY23. Consolidated Net sales of the company was reported at Rs. 371.1 crore in Q3FY24.
Exports for the Q3FY24 at Rs. 55 crores, rose 8% Y-o-Y. Exports for 9M FY24 was reported at Rs.148 crore comprising 17% of revenue.
Mr. Kamlesh Patel, Chairman and Managing Director said, “Following a challenging last few quarters, we are happy to announce to our stakeholders that the company is successfully executing a turnaround in its business operations at standalone level. Company has achieved outstanding operational and financial results at standalone level for the third quarter and nine months ending December 2023. With unwavering focus and energy, the company is resolutely committed to realizing its long-term vision of attaining a total revenue of Rs. 6,000 crore.”
During Q3FY24, the company inaugurated a 6,000 sq ft. company showroom in Delhi NCR which aims to provide a one stop solution with all AGL products under one roof. The company also launched a 3,000 sq ft showroom in the vibrant market of Hyderabad showcasing 700 plus Glazed Vitrified tiles and Grand Slabs in all sizes, designs and finishes.
In a strategic move to offer comprehensive building materials solutions, the company entered the Sanitaryware manufacturing sector. Building on the trust garnered, along with an expansive marketing and distribution network in the tiles segment, the company is poised to establish a strong presence in the Sanitaryware market. Anticipating significant growth, the company expects the division to achieve a turnover of approximately Rs. 400 crore within the next five years.
AGL Sanitaryware Pvt. Ltd has successfully completed the construction of the cutting-edge plant, marking a significant shift from third-party sourcing to internal manufacturing. Installed capacity of the sanitaryware plant is 0.66 million pieces per annum and the company commenced commercial operation on 1st October 2023.
About the brand
Established in the year 2000, Asian Granito India Ltd. manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Sanitaryware and Faucets. The Company has 235 plus exclusive franchisee showrooms, 12 company owned display centers and an extensive marketing and distribution network pan India with 14,000 plus touch points including distributors, dealers and sub-dealers in India. The company also exports to more than 100 countries.
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Tax relief is one of the main things the real estate sector is looking forward to since it may boost opportunities and demand in the housing market.
The Interim Budget 2024, as expected, kept its focus on improving infrastructure and expanding connectivity across the nation while making no major announcements. This will help the growth of real estate not only in the nation’s top cities but also in tier 2 and tier 3 cities.
Union Finance Minister Nirmala Sitharaman announced during her speech for the interim budget 2024- 25 that the program would be introduced for middle-class individuals who are residing in chawls, slums, rental homes, or unapproved colonies.
‘Our Government will launch a scheme to help deserving sections of the middle class “living in rented houses, or slums, or chawls and unauthorized colonies” to buy or build their own houses.’ Sitharaman said.
Additionally, developers would like to see a larger area limit for affordable housing units. The affordable housing category saw a decline in overall sales from over 30 percent in 2022 to about 20 percent in 2023, according to a study by real estate consultancy ANAROCK. As a result, a lot of developers believe that the government will encourage this category.
The real estate industry and consumers have been advocating for the revision in the definition of affordable housing.
According to Vihang Sarnaik, Director of the Vihang Group, he expects that the finance minister will create a unique index of affordable housing for each Tier 1 and Tier 2 city, encouraging the affordability of housing and infrastructure in the periphery of metropolitan areas.
When defining housing affordability, it is critical to take into account important factors like labor costs, construction costs, land costs, approval costs, and inflation.
“For instance, in the case of Mumbai, where housing costs are notably high, we hope that the Budget will increase the price ceiling of affordable housing from Rs 45 lakhs to Rs 90 lakhs so that the whole affordable scheme benefits reach its intended audience. As per the current affordable housing scheme, the limit is set at Rs 45 lakhs and you will not find a single home in Mumbai in that price bracket,” he said.
In November 2023, Dinesh Kapila, the Ministry of Housing and Urban Affairs’ economic advisor, stated that it was impractical to categorize affordable housing as units costing up to Rs 45 lakh, considering the high cost of land in urban areas.
He said that a proposal to “improve the definition of affordable housing” had been sent to the finance ministry for the realty sector.
Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd, said, ” The Finance Minister underscored the government’s recognition of the significance of homeownership. In a notable announcement, the FM stated a housing scheme would soon target the middle class, extending to those residing in rented houses with the aim of facilitating the construction or purchase of their own homes. This initiative is expected to revitalize the Mid housing & Affordable housing sector.”
In Union Budget 2024, the government intends to advance its “housing for all” program as the demand for home ownership has grown since the COVID-19 pandemic. The FM stated in the speech that the scheme would assist segments of the middle class who live in chawls, slums, and rented properties in purchasing or building their own homes, even though the specifics have not yet been revealed.
On Monday, January 22, 2024, the Ram Temple in Ayodhya successfully hosted the Pran Pratishtha Ceremony. Constructed in the conventional Nagara architecture, the three-story temple is adorned with pink sandstone from Mirzapur and the Bansi- Paharpur hills. The temple, which is estimated to be worth Rs 1,800 crore, is spread across 71 acres and displays the architectural wonder.
Chandrakant Sompura, the principal architect of Ayodhya Ram Mandir, is descended from a renowned family of temple builders. Nearly thirty years ago, he used his footsteps to measure the area and create the master plan. Chandrakant Sompura, the principal architect of the Ram temple, hails from Ahmedabad and comes from a line of temple architects who have built over 200 such buildings. The Somnath Temple in Gujarat, the Mumbai temple of Swaminarayan, the Gujarati temple complex of Akshardham, and the Birla temple in Kolkata are a few of the notable temples on their long list of temple structures.
One name that will go down in Indian history as the principal architect of the Ayodhya Ram Mandir is Chandrakant Sompura. The Central Building Research Institute Roorkee, the National Institute of Rock Mechanics, the National Geo Research Institute Hyderabad, the IIT Guwahati, the IIT Chennai, the IIT Bombay, and the NIT Surat are among the other institutions that provided design advice for the Ram Mandir.
The chief architect Chandrakant Sompura’s son Ashish Sompura stated that the creations of today are an extension of what existed on paper thirty years ago.
When GD Birla offered Chandrakant Sompura the chance to design the temple in 1988, he did so after introducing him to Ashok Singhal, the then-leader of the VHP, who was visiting the Indian temple city of Ayodhya.
“There are sixteen types of architecture in our shastras,” Sompura explained, explaining the significance of the Nagara style of temple architecture, which is the style in which the Ram Mandir was constructed. There are currently three styles in India: Dravidian, Nagara, and Vesara. Northern India is a popular region for nagara style. Architecturally speaking, Nagara is the most advanced style and is distinguished by its soaring shikhara.
An Indian company named Larsen and Toubro won the contract to construct the Ram Mandir in 2020. In collaboration with Tata Consulting Engineers Limited, they have successfully constructed a structure that is expected to last for millennia.
An extensive analysis of the region’s past earthquakes was conducted. The readings from Ayodhya to Nepal were included in the analysis. To make the temple earthquake-resistant, a special foundation was created using the data and simulations.
Celebrities, athletes, and political figures ranging from Sachin Tendulkar to Indian Army Chief General Manoj Naravane attended the Ram Temple in Ayodhya’s Pran Pratishtha ceremony on Monday. Some called the ceremony a “historic occasion for the nation” while others saw it as a chance for the nation to “make the world violence free”.
An idol is “given life” through the “Pran Pratishtha” ceremony, which makes it a deity with the ability to hear prayers and bestow blessings. The event was attended by at least 8,000 invited guests, including dignitaries, celebrities, and business people.
BMR believes in serving the best! Stay tuned with us for more ideas related to home decor, design, architecture and construction materials in the industry. We will be coming with more updates on Ram Mandir, Ayodhya. Follow us for the latest news and stay updated.
Nippon Paint India (Decorative) has joined JioMart, Amazon, and Flipkart in the e-commerce space. Recently, the company launched a large selection of more than 8,000 ornamental paint products for sale on these channels.
With just a few clicks and elevating paint industry growth in India, customers will now be able to effortlessly purchase Nippon Paint products on these top online retailer platforms. There are more than 600 different shades of supplies available on the internet.
Wall paints are shipped in specially made packaging that protects the product during transportation in order to prevent leaks. Nippon Paint hopes to fulfill customer orders throughout India in a single day by cultivating strong relationships with e-commerce partners.
Indian consumers who want to improve their homes and lifestyles with cutting-edge technology and paint products that are practical and useful have always been drawn to Nippon Paint. These consist of Sumo Xtra Dust shield, Weatherbond Pro, Matex EZ wash, and Aircare VG.
Nippon Paint, which recently ventured into the 12,500 crore “Beyond Paint” category, has also launched its DIY line on the internet.
Mahesh Anand, president, Nippon Paint India (Decorative Division), said, “Through our collaboration with these platforms, customers can anticipate a consistent standard of excellence in both quality and customer service, aligning with the renowned reputation of Nippon Paint. Our extensive paint color palette is seamlessly integrated into Amazon’s paint finder tool, empowering customers to effortlessly select the perfect hues for their homes.”
The company stated that more than 600 interior and exterior paint shades, primers and undercoats, wood and metal paints, paint sprayers, multipurpose lubricants, and craft supplies are available on its website.
The success of the paint industry is directly related to the nation’s strong economy, which has proven to be exceptionally strong in spite of difficult international conditions. India’s growth narrative is taking shape, and this presents an opportunity for the paints industry to grow. The demand for paints and related products is rising due to a positive outlook supported by factors like fast urbanization, growing infrastructure, the PMAY government initiatives, the automotive industry’s recovery, and changing consumer lifestyle preferences.
Although the paint industry has historically been associated with conventional methods of color mixing and application, technology is currently transforming this ancient industry. The painting industry is changing due to new paint formulations and creative application techniques. With advancements in manufacturing techniques, design, and application trends, homeowners can now search for paints that offer benefits beyond aesthetics for their homes. For as long as the paint is applied, surfaces can remain clean thanks to carefully chosen formulations developed by researchers that can repel any kind of disposition. In India, this technology has not yet been made available for purchase. Paints and coatings are among the advanced materials and chemistry sectors where big digital themes have been found.
In order to enhance customer interactions, paints and related companies are also placing significant bets on the introduction of digitally enabled products and new business models. This has aided in the generation of a lot of data, facilitating cooperation and the sharing of statistics throughout the paint industry’s value chain and various verticals. In fact, you can give your smart home a whole new meaning by painting any wall with AI-powered tools that turn it into a touchscreen.
In order to preserve both human and environmental wellbeing, the paint industry in India is focusing on implementing sustainable components, stepping up research-backed advancements, and tightening quality control. Paints are achieving lower volatile organic compound (VOC) levels, and waste reduction and biodegradability are receiving more attention, considering the paint industry’s future in India.
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REHAU, the renowned German innovator, has recently unveiled the latest addition to its RAUVISIO crystal range, the RAUVISIO Crystal Deep Collection. The possibilities of interior design are redefined by this flagship collection, which gives matte surface finishes a whole new depth.
The RAUVISIO Crystal Deep Collection blends a soft, shimmering metallic appearance with the time-honored adaptability of glass. Depending on the interplay of light, the deep gloss reveals its beauty, creating a unique ambiance within any space. The hallmark trait of the collection is its depth effect. With seven captivating decors, this range offers designers a wide array of opportunities to reimagine and transform furniture and interiors. It’s also important to note that Crystal Deep features large-sized MDF pressed boards (2800x1300x19).
Ms. Bhavana Bindra, Managing Director of REHAU South Asia, commented on the launch, “The RAUVISIO Crystal Deep Collection represents a significant leap forward in interior design. Taking inspiration from the boundless depths of the ocean, this collection breathes life into furniture. Depending on how the light interacts with its surface, the deep gloss unveils its splendor, enveloping the room in a distinct ambiance. Whether one seeks a striking contrast or subtle elegance when paired with other surfaces, RAUVISIO Crystal Deep seamlessly integrates into the overall design scheme. We’re excited to provide designers and homeowners with an innovative way to add depth and sophistication to their living spaces. This collection not only aligns with our focus on timeless design but also offers a fresh perspective on interior aesthetics.”
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The RAUVISIO Crystal Deep Collection’s ability to match designs is one of its special qualities. REHAU has ensured that tambour door systems and edgebands seamlessly integrate with the collection, creating a harmonious and uniform look. Tambour door cabinets now benefit from the RAUVOLET crystal line, which takes the RAUVISIO crystal look to the next level, ensuring a fully uniform frontage when closed.
Mr. Manish Arora, Vice President of Furniture Solutions, REHAU South East Asia, added, “The RAUVISIO Crystal Deep Collection is an exciting addition to our range. It opens doors to endless design possibilities and provides the perfect fusion of style and durability. We’re confident that this collection will inspire creative interior design and redefine the concept of depth in aesthetics. The RAUVISIO Crystal Deep Collection is set to open up new horizons in interior design, unlocking a world of possibilities for designers and homeowners who seek timeless elegance, style, and depth in their living spaces.”
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For designers and homeowners seeking classic elegance, style, and depth for their living spaces, the RAUVISIO Crystal Deep Collection is poised to open up new avenues in interior design.
More about the brand
REHAU is a German based brand, started in 1997 in India. The company had set-up its first manufacturing facility in Pune, Maharashtra. REHAU India is one of the leading global players in the Furniture and Building industry. The company is a solution provider for various business industries such as construction and automotive. Currently the company has 3 plants in India, 2 in Pune and 1 located in Vadodara. They use advanced German technology to provide polymer-based solutions in the construction, automotive industry. REHAU is acknowledged as a leader in German-quality uPVC Edgebands, solid surface, pre-laminated boards, laminates, underfloor heating and cooling solutions etc.
BMR believes in serving the best! Stay tuned with us for more ideas and news related to home decor, design, architecture and construction materials in the industry. Follow us and stay updated.
Ram Mandir Ayodhya inauguration, which is scheduled to open on January 22, is constructed in the traditional Nagara architectural style. The intricate carvings, symbolic representations, and towering spires, or shikharas, that set apart Nagara temples. The Nagara style of architecture is highly skilled constructed and holds great cultural importance. Recently, PM Modi had also inaugurated the Ayodhya Airport which is going elevate the tours of the pilgrims there.
Ram Mandir Ayodhya construction status is going on a very fast scale. The temple, following this unique architectural style, which originated in the northern parts of the Indian subcontinent, has had a significant influence on the country’s religious and cultural landscape. Three primary subtypes of Nagara style architecture can be broadly identified: Latina, Bhumija, and Shekhari.
Latina Nagara
This Nagara design has a curved Shikhara with a Lata, or broad strip, projecting from the top of the Jangha to the Griva (top end of the superstructure) in the center, resembling a mountain peak. Latina Nagara has a simple square design that occasionally has an uneven outline. The Ghateshwar Temple in Badoli, Rajasthan, is one of the best examples of this style, with a broad central Lata that stretches from the base to the top of the superstructure.
Bhumija Nagara
The Shikhara at Bhumija Nagara is curved and long, with a series of smaller Shikharas atop it that are arranged in ascending order of decreasing size. It looks like Latina Nagara because there are so many small versions of it that stretch vertically across the frame. Usually, Bhumija Shikhara designs a plane that looks like a star at the base. Because of the design variation, the Bhumija shikhara is not as curved as the Latina type. The Mahabaleshwar Temple in Menal, Rajasthan, is one of the best specimens of the Bhumija Style. It has a broad lata in the center, surrounded by a series of small Shikhars arranged in a sequential fashion.
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Shekhari Nagara
Shekhari Nagara can be created by combining clustered Shikharas. Several smaller Shikharas that are replicas of the main Shikhara are arranged in a particular way to create the towering height. This arrangement of the replicas represents the mountain and its sub-peaks. The temple with Shekhari Shikhara can easily achieve massive height and width. The finest example of Shekhari architecture is the vast complex known as Sahastrabahu Temple, which is situated in Eklingaji, Rajasthan, and contains multiple Shikhars.
The Architecture of Nagara: Structural Components
One characteristic of Nagara style architecture is the shikhara, the tall spire that dominates the temple’s skyline. Richly decorated shikharas are often adorned with carvings of deities, mythical animals, and celestial beings. The sanctum sanctorum (garbhagriha), which consists of an assembly hall (mandapa), an entrance porch (ardhamandapa), and an assembly hall, is typically home to the main deity. Exquisite sculptures and carvings that showcase the artists’ proficiency in both art and religion adorn every square inch of the temple.
Indian Temples Designed in the Nagara Style
One of the most well-known buildings in the Nagara style is the Kandariya Mahadeva Temple, which is situated in Khajuraho, Madhya Pradesh. Constructed during the Chandela era, this temple boasts a magnificent shikhara in the Rekha style, adorned with intricate sculptures that embody various characters from Hindu mythology.
Another notable example is the Jagdish Temple in Udaipur, Rajasthan. The temple was built in the Prasada style, as evidenced by its multitiered spire and intricate carvings that showcase the splendor of Nagara architecture. Honoring Lord Vishnu, the temple remains a marvel of spiritual and architectural design.
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An excellent illustration of how Nagara style architecture was modified for the Dravidian climate is the Virupaksha Temple in Hampi, Karnataka. The temple expertly blends northern and southern architectural elements with its elaborate carvings and lofty shikhara. Ram Mandir Ayodhya is all set to open for the public on 22nd January.
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The premier and most seasoned plywood manufacturer in India, Duroply, has opened its cutting-edge Experience Center in Rajkot, Gujarat. This one-of-a-kind location is going to change the way potential plywood buyers interact with doors, blockboards, and plywood in their pursuit of a long-lasting and aesthetically pleasing interior.
For the past several years, Duroply has made Gujarat a top market, with business growth of 30% annually. Moreover, Rajkot is home to Duroply’s manufacturing plant.
Mr. Akhilesh Chitlangia, Executive Director and Chief Operating Officer, Duroply, said, “This Experience Centre provides an immersive and educational journey into the world of plywood for our customers. More than just a display, the Center offers an engaging experience where customers experience first-hand the plywood that are durable, long-lasting, and resistant to termites and the difference between a branded and an unbranded plywood. Along with their personal navigation, our sales staff at the Centre also take customers deep in our collection and explain how our products like premium and branded Plywood, Blockboards, Decorative Veneers and Flush Doors enhance the life of their home interiors.”
When Duroply opened its first Experience Center in Delhi, many of its clients conveyed an overwhelming interest in visiting the store. Encouraged by the positive feedback, Duroply opened a second center in Rajkot.
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Duroply compiled the top nine features that plywood buyers sought and unveiled them at a recent building material industry exhibition ‘MATECIA 2023’. ’Duro Advantage’ coupled with ‘Duro Lifetime Guarantee’ from insect infestation are an unparalleled assurance to esteemed customers from the brand.
The secret of Duroply’s success has always been innovation driven by the needs of the customers. The industry eventually adopts the products that Duroply introduces. The business’s continuous expansion and success are proof of its unwavering commitment to quality work and client satisfaction. Discover, interact with, and be inspired by the countless possibilities that the premium plywood offers at Duroply’s Experience Center.
About the Brand
DURO is the oldest brand among the top Indian plywood manufacturers, with over 65 years of rich history. They are renowned for producing superior products that command a premium price in the general market for wood panels. In order to truly qualify as a “Forest Friendly Company,” Duroply also sources all of its raw materials from sustainable sources.
Duro TV, a YouTube channel that Duroply has started, aims to educate viewers on plywood purchases and help them become more knowledgeable about the product. With a complete line of plywood, block boards, doors, and decorative veneers, wood panel designs- Duroply is committed to innovation to ensure the longevity of its customers’ interior design projects in their homes and offices.
As a value-added offering to customers, Duroply is the first plywood brand in India to produce and distribute a 10-feet range of plywood, boards, doors, and veneers.
Duroply’s remarkable brand equity in the plywood industry is further strengthened by its extensive guarantee on all the products, which ranges from Lifetime to Ten Years for wood panel ideas. This demonstrates the company’s deep commitment to its customers.
Combining nine of the most requested features by consumers, Duroply has introduced it under the name “Duro Advantage- 09 Layers of Protection.” The brand makes sure that Duro customers receive an unmatched level of assurance through “Duro Advantage” and “Duro Lifetime Guarantee” against insect infestation.