~ Targets CAGR of 10% in Modular Kitchens segment
by FY30 as Indian homes embrace modular solutions ~
Mumbai : Interio by Godrej, a home and office furniture
brand of the Godrej Enterprises Group, announced its plans to grow its kitchen
business at a 10% CAGR over the next five years. The brand has seen strong
momentum across Tier 2-3 cities, driven by consumer demand for functional
kitchen spaces in modern Indian homes.
The Kitchen & Dining Furniture market in
India is projected to reach US$251.32 million in 2025,
growing at a 2.28% CAGR through 2030. Interio is positioned to outpace
this growth, backed by new product launches, expansion of Kitchen galleries to 250
locations across 120 cities and the advanced manufacturing facility at
Khalapur, Maharashtra, which now produces up to 250 kitchens per day.
Dev Narayan Sarkar, Senior
Vice President and Head of Consumer Business, Interio by Godrej, said, “The Indian kitchen is no longer just a utility space, it's becoming a
lifestyle statement. Consumers today want modular solutions that blend design,
functionality and long-term durability. Our growth is being fuelled by these
evolving aspirations, with 35% of our sales now coming from Tier 2-3 cities, up
from 24% in FY24.”
Interio has launched Kitchen Configurator on its
e-commerce platform, allowing customers to visualize their dream kitchens with
3D modeling technology. The platform offers pre-configured modules designed for
basic kitchen layouts, with prices starting from Rs. 1.25 lakhs. Customers can
connect directly with the nearest dealer through the configurator personalised
solutions based on specific site requirements and civil demands.
One of the flagships offering of Interio in Kitchen
Segment is the Steel Chef, which provides a modular steel kitchen range for the
mid premium segment, offering a blend of durability, aesthetics and personalization
options. Interio also manufactures key accessories like smart chimneys and Tall
corner unit, 22 hundred units, Tall pull-out units (7feet), to address common
challenges in Indian kitchens.
The L-shaped kitchen layout remains the most popular choice among
Indian consumers due to its adaptability and efficient space utilization. Interio's
modular CKD (Completely Knocked Down) units are designed for faster
installation with modern service equipment, taking an average of 5-7 days for
installation compared to traditional carpenter-made kitchens. Interio plans to
leverage emerging trends including smart home integration, sustainable
materials, biophilic design elements and multifunctional furniture to compete
in the rapidly evolving market.