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Timbor to expand to 100 stores in 2007-08

Ahmedabad, Aug 23 (UNI) ''Timbor Home'', city-based leading manufacturer and marketer of Modular Kitchens, today announced its plans to expand to 100 stores across the country by the end of the current fiscal year.

Addressing mediapersons here, Timbor Home managing director Anant Maloo said, ''With a marked surge in the real estate and housing industry, rise in incomes and aspirations of a burgeoning middle class and changes in lifestyle patterns, Timbor Home hopes to fulfill the market potential by embarking on an expansion drive to reach out to more and more consumers in the country.'' Mr Maloo said, presently Timbor Home has a distribution network of 54 exculsive kitchen stores across the country.

He claimed that Timbor products confirm to all the American and European trends in design and standards like ASTM, DIN, EU with regards to product quality and environmental norms, and are recognized for their quality, workability and long-lasting strength.

''Though we have been assuring our customers of European and American designs and quality in kitchens, we have designed and modified kitchens keeping the typical Indian cooking and food habits in mind,'' Mr Maloo said.

He said Timbor has introduced eco-friendly doors which are made of 100 per cent eco-friendly materials.

Timbor has a pan-India market presence with 54 franchisee stores in Ahmedabad, Mumbai, Bangalore, Jaipur, Lucknow, Coimbatore, Pune, Surat, Rajkot, Baroda, Jamnagar, Gandhidham, Hyderabad, Nagpur, Raipur, Kolkata, Kanpur and Siliguri.

The company has registered an annual growth rate of over 70 per cent and has tapped 12 per cent organised kitchen market in India, which is estimated at around Rs 200 crore, Mr Maloo added.

UNI

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