10 hrs ago
Jaquar Bets on Manufacturing Capacity for Global Growth
Jaquar Group makes bathroom and lighting products.
It is a large Indian company, but it is not listed on the stock market.
The family-run business owns and operates its factories instead of outsourcing most production.
It plans to spend Rs 800-1,000 crore to build more factories.
The company wants to grow its revenue and make more products.
It believes new homes, hotels, airports and other construction projects will create demand.
Jaquar sells different brands for luxury, premium and value-focused customers.
Lighting is a smaller part of the business today, but Jaquar expects it to grow significantly.
The company also wants overseas sales to become a larger share of its business.
Jaquar Group reports more than Rs 8,500 crore in annual revenue and nearly 60% of India’s bath-fittings market.
The privately held, family-run company plans to invest Rs 800-1,000 crore over the next two years.
Jaquar aims to expand its manufacturing footprint from 3.3 lakh to 5.3 lakh square metres and add three plants.
The company expects group turnover to rise from Rs 7,548 crore in FY25 to Rs 8,703 crore in FY26.
International markets currently generate about 5% of revenue, with Jaquar targeting 10% within two to three years.
- Who
- Jaquar Group, led by Director and Promoter Rajesh Mehra.
- What
- The company is expanding manufacturing capacity, investing in new facilities and pursuing higher domestic and international sales.
- Where
- Jaquar operates across more than 55 countries, with manufacturing plants in India and one in South Korea; new facilities are planned in Bhiwadi and Gujarat.
- When
- The main investment and capacity expansion are planned over the next two years; the company has separate FY25 and FY26 revenue targets.
- Why
- Jaquar says capacity is necessary to meet expected demand from housing, hospitality, infrastructure and premium consumption.
Key facts
- Annual revenue
- More than Rs 8,500 crore, according to the article.
- India bath-fittings share
- Nearly 60%.
- Planned investment
- Rs 800-1,000 crore over the next two years.
- Manufacturing footprint
- Planned to increase from 3.3 lakh to 5.3 lakh square metres.
- Manufacturing network
- Eight operating plants—seven in India and one in South Korea—with three more under construction.
- FY26 turnover target
- Rs 8,703 crore, compared with Rs 7,548 crore in FY25.
- Export contribution
- About 5% of revenue currently, with a target of 10% within two to three years.
Quotes
Rajesh Mehra
Director and promoter of Jaquar Group
“When we entered international markets, there was some reservation towards Indian products and Indian brands. That has changed significantly.”
businesstoday.in
“We are a manufacturing company. We are not an outsourcing company. If we can’t manufacture, we can't deliver.”
businesstoday.in
Sources
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