Lindstrom Group, a Finnish company specialised in workwear management, is expecting its India business to grow over 50% this year, according to Juha Laurio, president and chief executive officer.
The family-owned, over Euro 262-million company currently offers its workwear services in 21 countries across Europe and Asia. Lindstrom entered India in 2007 and has since established six centres across the country, including one in Hyderabad.
“Workwear is like a business card, with which a company makes a statement about itself and its activities. Functional workwear that has been purposefully designed is also an important safety factor,” Laurio told Business Standard on Friday.
Since it was founded in 1848, Lindstrom has evolved from a dye house operation to a laundry, and from there to a professional textile rental company. As many as one million people in Europe and Asia use Lindstrom’s workwear every day.
Lindstrom, which has over 100,000 customers globally, including 500 in India, across healthcare, hospitality, pharmaceuticals, automotive, retail and heavy industries, garners close to Euro 100 million from Finland which has five million inhabitants.
“Highly-populated countries like India hold huge promise for workwear management services,” Laurio said, adding that the company's expansion strategy was to go where there was demand for their services.
