Visited the Carysil store in Mumbai. Products are premium product be it Quartz sink or stainless steel sinks. Range for both sinks starts from 8-10k and goes upto 30-40k for quartz.
Their Hobbs and microvave and oven were also on display. Again premium range only no competition with retail segment
My understanding – Export will remain a good market considering premium range and quality products. Domestic market will take time to develop as income level goes people may shift to premium range for kitchen ware.
Well placed to capture luxury segment in kitchen appliance and sinks .
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