Godrej Interio to set up manufacturing unit in South.

Godrej Interio will soon set up a manufacturing facility in the South and large format stores across the country.

The company is looking for space in Karnataka, Telangana and Andhra Pradesh to set up the facility. This will be its first facility in the South and seventh in the country.

After launching the large format store in Mumbai, the interiors arm of the diversified Godrej group is now in the process of setting up such stores in Bangalore and Hyderabad. It then would look at other top cities to expand the network.

The interiors arm registered a turnover of Rs. 2,000 crore, with Rs. 700 crore coming from the home furnishing segment.

“We are seeing good opportunity in the hospital sector. We have just done two projects for Kirloskars and for a Japanese hospital firm. We are looking at a growth rate of 25 per cent,” Anil Mathur, Chief Operating Officer of Godrej Interio, told BusinessLine here on Friday.

Excluding the land cost, the company would invest Rs. 20 crore in the manufacturing facility.

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