Trident bets big on India market

Home furnishing major Trident expects Rs 150 crore in sales in FY18

Having focused on the domestic market for the last three years, home furnishings major Trident is expecting a 50-60 per cent jump in sales. It expects to clock in sales worth Rs 150 crore in 2017-18 despite demonetisation and rollout of the goods and services tax (GST) regime. With slow growth in home furnishing segment in the United States (US), the company has shifted focus to the domestic market.

Trident, which is currently the fifth largest player in the home linen space, also expects to maintain an average growth of 50-60 per cent over the next couple of years to break