Friday, Feb 23 2024 | Time 16:36 Hrs(IST)
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Business Economy


Jaquar Group eyes Rs 3,900 cr revenue in 2018-19, targets USD one bn by 2022

Chennai, Mar 5 (UNI) Sanitary ware major Jaquar Group on Tuesday launched its new showroom in the city and said it has set a target of Rs 3,900 crore revenue during the current fiscal, before aiming to reach USD one billion by 2022.
The showroom, opened as part of its expansion plans in the country, display the group's latest collections and products under the Artize and Jaquar brands.
For the year 2017-18, the company recorded a turnover of Rs 3,123 crore.
Mr. Rajesh Mehra, Director and Promoter of Jaquar Group, told reporters that “opening an exclusive large-format showroom in a prime location in Chennai is an important landmark in our growth story and is reflective of our customers’ faith on the brand.''
He said the company was eyeing a revenue target of Rs 3,900 crore this fiscal while the target was to reach USD one billion by 2022.
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