
Tramontina India sharpens growth play with offline scale-up, quick commerce expansion, ET Retail
By ,
ETRetail
Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.
Download ETRetail App Get Realtime updates
Save your favourite articles
Scan to download App
New Delhi: Tramontina India , the local arm of the 114-year-old Brazilian houseware brand, said it is strengthening its presence in the country through a multi-channel retail strategy, a growing quick commerce footprint, and local manufacturing to support product innovation and faster turnaround.Sharing with ETRetail, the brand said it is building on the momentum from its India entry last year, targeting over $10 million in revenue in its second year of operations.While the company has not disclosed revenue figures for its India business yet, it has shared the ambitious outlook backed by strong consumer traction and over half a million units sold across cookware and kitchenware categories since launch.Currently, about 75 per cent of Tramontina's sales come from offline retail , with the remaining 25 per cent from e-commerce. However, the company expects this mix to shift closer to 60:40 as its D2C platform goes live and quick commerce expands.'We are seeing strong traction on platforms like Zepto and will soon expand to Blinkit and Swiggy Instamart. These channels are helping us reach Tier 2 and Tier 3 markets that are otherwise hard to crack through traditional retail,' said Aruni Mishra, CEO, Tramontina India.Tramontina has also localized manufacturing through a joint venture with Aequs. Mishra said, "Nearly 80 per cent of our products will be made in India, except knives and select tools, which will remain to be imported from Brazil. Local production allows us to reduce lead times significantly, improve innovation cycles, and bring products to market faster. While we expect some cost advantages in the long term, those benefits will be more pronounced as we scale further."The company is also increasing focus on the hospitality segment, with a plan to spin it off as a separate strategic business unit. While the current contribution from HoReCa remains small, Tramontina is targeting a 25–30 per cent share from this channel over the next two years, driven by professional-grade knives and cookware suited for institutional kitchens, Mishra shared.With over 2,000 retail touchpoints and presence on leading online platforms like Amazon, Flipkart, Myntra, and Nykaa, Tramontina is now preparing to expand into adjacent categories such as waste management and dining solutions, aligned with both its global offerings and India's evolving kitchen ecosystem.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

The Hindu
2 hours ago
- The Hindu
Cybersecurity sector set to generate more jobs: CySecK head
'In the coming years, the cybersecurity sector will witness a substantial rise in employment opportunities,' said Ranjeet Mishra, Head of the Karnataka Centre of Excellence for Cybersecurity (CySecK), at the valedictory function of a two-day Cybersecurity Boot Camp jointly organised by CySecK and Visvesvaraya Technological University (VTU) at its Regional Centre in Kalaburagi. In his keynote address, Mr. Mishra said the boot camp had offered participants both foundational knowledge and hands-on exposure to cybersecurity. 'While students in metropolitan cities are already familiar with such initiatives, our mission is to reach rural areas, discover untapped talent, and inspire them to pursue careers in this vital field,' he noted. Pointing to the alarming rise in cyber fraud, he urged students to become agents of public awareness. 'Do not pursue degrees merely for certificates; instead, work towards solving real-world problems. The future belongs to those who embrace continuous learning and adapt to emerging challenges in the digital domain,' he said. Presiding over the programme, Shubhangi D. Chikate, director of the VTU Regional Centre, stressed the importance of research for engineering students. 'Those aspiring to shine on global platforms must commit to sustained learning and keep pace with international research trends. Engineering studies should be complemented with active participation in research,' she remarked. The boot camp, attended by 283 students from nine engineering colleges, featured a 'Capture the Flag' (CTF) competition that tested problem-solving skills in cybersecurity. Prizes and certificates were awarded to the top 15 performers. CySecK also announced that 50 students would be offered an eight-week advanced training programme under its 'Finishing School' initiative, free of cost. Other dignitaries present included Anand M.R., programme director, CySecK; Shilpa Hariraj, programme manager, CySecK; Shivalinga Salakki, Vivek,. Mohammad Abdul Waheed, Girish Badiger, Adarsh Gadale, Vikram Patil, Samruddh, Omkar, Brij Bhushan, Khalida and other faculty members.


Time of India
2 hours ago
- Time of India
Accenture to buy Australian cybersecurity firm CyberCX for reported $650 mln
Accenture said on Thursday it will buy Australian cybersecurity firm CyberCX in its largest-ever deal in the sector, with the Australian Financial Review valuing the transaction at more than A$1 billion ($650 million). A wave of devastating cyberattacks has battered Australia, including a 2022 breach at telecom major Optus that exposed the personal data of up to 10 million users, and a hack on health insurer Medibank affecting nearly 10 million customers. In July, Qantas Airways disclosed that criminals had infiltrated one of its call centres, accessing personal information of six million customers. Private equity firm BGH Capital , which is selling CyberCX, has not disclosed any financial terms. Accenture declined to provide additional details, while BGH Capital didn't respond to Reuters' requests for comment on the reported valuation. The deal underscores the surging demand for advanced digital security services as businesses worldwide face increasingly sophisticated cyber threats that disrupt operations and compromise sensitive data. Melbourne-based CyberCX was formed in 2019 through the merger of 12 smaller cybersecurity firms backed by BGH Capital. The company now employs about 1,400 people and runs security operations centres across Australia and New Zealand, with offices in London and New York. CyberCX is led by John Paitaridis, formerly managing director of Optus Business, and Chief Strategy Officer Alastair MacGibbon, Australia's former national cybersecurity coordinator. The leadership's ties to Optus are notable, given the telecommunications company's 2022 data breach, which exposed names, birth dates, addresses, phone numbers, email contacts and passport and driver's license numbers. Since 2015, Accenture has completed 20 security acquisitions, including recent purchases of Brazilian cyber defense firm Morphus, MNEMO Mexico and Spain-based Innotec Security. On the domestic front, the firm entered into a $700 million collaborative agreement with Telstra in February, aiming to implement AI capabilities across the telecommunications company.


Time of India
10 hours ago
- Time of India
Brazil announces $5.5bn package to counter Trump's tariffs
Brazil announces $5.5B package to counter Trump's tariffs Brazilian President Luiz Inacio Lula da Silva announced a plan on Wednesday to support exporters who have been hit by high tariffs of up to 50% imposed by US President Donald Trump on several products from the country. The plan provides credit of 20 billion reais ($5.5 billion; €4.7 billion) to support the embattled exporters. Other measures in the plan include postponing tax charges for businesses affected by the tariffs, while also incentivizing Brazilians to buy locally produced goods that would have otherwise been exported to the US. "We cannot be scared, nervous and anxious when there is a crisis," Lula said. "A crisis is for us to create new things." Lula also said Trump has no good reasons for hitting Brazil with high tariffs. What's behind Trump's tariffs on Brazil? While the Trump administration announced sweeping tariffs on many countries around the world, Brazil was ultimately singled out with some of the highest levies of up to 50%. Trump said the additional tariffs were a reaction to the legal situation of his ally, the far-right populist former president, Jair Bolsonaro. Bolsonaro is currently under house arrest over allegations that he plotted a coup after losing the 2022 presidential election. Lula did not hold back on the grounds for the tariffs, saying every time the US decides to "fight with someone," they paint their rivals as the devil. "Now they want to talk about human rights in Brazil… We have to look at what happens in the country that is accusing Brazil," Lula added, hinting at Trump's domestic policies. The US president had cited "human rights abuses" by the left-wing government in support of his ally Bolsonaro. Lula calls for negotiations with Washington Lula responded to the claims, saying Brazil's judiciary is independent, with the country's Finance Minister Fernando Haddad saying Brazil is being "sanctioned for being more democratic than its aggressor." The Brazilian leader has so far refrained from imposing higher tariffs on American imports, saying he is not interested in "worsening our relations with the US." "We like to negotiate," Lula said. "We don't want conflict. I don't want conflict with Uruguay, Venezuela, or even the US. The only thing we need to demand is that our sovereignty is untouchable, and that no one should have any say in what we should do."