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Business Economy


Cherry Hill Interiors registers 25 pc growth

New Delhi, May 12 (UNI) Cherry Hill Interiors goes for massive expansion as in the current year the company has strengthened its position in the industry with focus on acquiring new clients.
“The corporate interior market is a mix of organised and unorganised market. The company is well poised to emerge as a corporate giant in the space of interiors with a strong international presence in lines with its Vision 2020 and catering to corporates, hotels, hospitals, educational institutions etc. It is also supporting a lot of work across Industries including in co-working space,” said Cherry Hill Interiors Private Ltd CEO Gaurav Kashyap.
“After having pan-India presence with offices at Delhi NCR, Bengaluru, Pune, Chennai, Hyderabad, Kolkata and Ahmedabad, the company sets up its first international office in Colombo. It has also bagged an international project in Nigeria. Offices in Pune, Ahmedabad, and Colombo were opened & Kolkata office scaled-up in the FY 2017-18 as part of its India & international expansion,” the release stated.
The company bagged many clients like Wipro, Cognizant, Wework, PwC, Amazon, Oracle, Baxter, Western Union, Standard Chartered Bank, Bank of New York Melon, GENPACT, Airbus, Tata Communications, Godrej Properties, LogMeIn, International Enterprise Singapore etc. The corporate interiors industry is all set to grow and also with a number of players including global companies having entered into co-working space like Wework and Cowrks.
“The company is going steady and is currently annual turnover / total revenue of INR 250 crore approximately (25% Growth over last year). The Company, based on visibility around client expansion’s, expects its order-book to be INR 500 cr and the turnover in the range of INR 350 cr to INR 400 Cr for the FY 2018-19. The Company is on path to achieve to achieve INR 500 crore turnover by 2020 in line with the companies Vision Document – 2020,” added the CEO.
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