an online marketplace for furniture that has raised $28 million from Norwest Venture Partners and Bertelsmann India Investments, and Rocket Internet-backed FabFurnish. Given the high average order value, the modular kitchen and fit-out segment has emerged Fisher & Paykel – the New Zealand-based premium kitchen appliances brand – stepped into the Indian market in the year 2012. Designed and engineered in New Zealand, its products are sold in 50 countries around the world. In an exclusive conversation Mr Sharma claims the modular kitchen industry at present is worth Rs 1000 crore in India. Other than realty, growing acceptance to multinational concepts and high affordability were other reasons that led to the exponential growth of the modular kitchen Similarly this field is set for consolidation. How much does a buyer typically shell out for a modular kitchen? The organised segment is fast growing in India with a wide range in high end brands — products in the ticket size from Rs 3 lakh to Rs 50 lakh which joins existing players such as Hacker Kitchens (Germany) Scavolini and Veneta Cucine (Italy) and Lispo (India) to whip up a great recipe by way of kitchen solutions. Ironically, home owners are realising that it makes sense to invest in a modular Now, people want their houses to be properly designed according to the latest trends. One such trend is that of a modular kitchen. Kitchen, no doubt, is the heart of the house. If this place is not well maintained, this can be harmful to the entire family .
A brand of Hindware Home Retail Private Ltd, EVOK, is offering franchise opportunities for its modular kitchen business in North and South India. EVOK is a premium home interiors and décor brand with 17 mega format stores across the country. The franchise Ltd, which provides modular kitchen designs along with online tools to customise and order them, has raised $1.25 million (under Rs 8 crore) in seed funding from VC firm Accel Partners India. Besides its designs, CapriCoast.com, which was started by The presence of modular kitchen showrooms even in small towns shows that Kerala is much ahead among other Indian States in terms of market penetration, says Jayaprakash. 10 per cent to 15 per cent of the total construction cost of the house may be devoted Another factor to consider is the thickness of material used and the type of support system utilized for the Indian modular kitchen cabinets. You don’t want shelves going unhinged due to excess weight or child hanging on it! Here’s where options are .
Modular Kitchen India
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