Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Consumer durable product maker Usha International is looking to close the current financial year with a revenue of around Rs 3,800 crore, said its CEO Dinesh Chhabra. As part of its strategy, the company is pursuing "profitable growth" across its segments with quality and not chasing the market shares, he said. "We would attempt to close to Rs 3,700 crore to Rs 3,800 crore in FY23," Chhabra told PTI. Usha International operates in the consumer durable space with a product portfolio, including fans, sewing machines, home appliances and power products. Presently 45 per cent of Usha International's business comes from the fan segment, while the rest is contributed by others. When asked about growth, Chhabra said he expects growth from all the segments. However, he also added: "I see growth from the cooking segment to be far better than fan as its penetration levels are low." The cooking range includes mixers, juicers, grinders, grillers and toasters etc. from where the growth would
Sewing machine major Usha International on Monday said that the demand for household machines has gone up in the past one year amid Covid-19 disruptions.
A writer on a wide variety of issues as a result of his interest in creating constructive debate for challenges facing India, he was instrumental in founding Delhi Policy Group
Shriram had also held administrative positions in various sporting and industry associations. In sports, he was known for his support to golf in particular.
Consumer durables major Usha International and SIDBI on Monday announced setting up of 700 Usha Silai schools in aspirational districts and calamity prone areas of select states
The company has 21% market share in fans and claims to be the second largest player in the organised fans category
One of the country's oldest companies is reinventing itself, diversifying its portfolio and reaching out to young homemakers
Company to expand its 'Usha Joy Stores', targets tier-IV towns with population of less than 50,000