Latest news with #Eckholt
Economic Times
06-07-2025
- Business
- Economic Times
Expect Indian market to contribute 20% to global revenue in coming years: Hettich
Representative image German furniture fittings major Hettich expects India to contribute around 20 per cent of its global sales, already its second biggest market, according to a top company company, which started manufacturing in India in 2013 at its Vadodara unit, is looking to leverage on the government's policy of promoting local manufacturing and tap the fast growing middle class in the country -- its fastest growing market in the world -- to strengthen its market leadership, Hettich India, Middle East & Africa Managing Director Andre Eckholt told said Hettich is also scaling up exports to other markets, including the US, Australia, Europe and China, as it enhances production in India with a second manufacturing plant in Indore, Madhya Pradesh."As a Hettich group, we have a global revenue of 1.5 billion euros, and the share of India is growing year-on-year because India for Hettich is the fastest growing market. Our share of the global revenue is increasing year-on-year," Eckholt said."It (contribution of India to global revenue) is for sure in double digits. It is going towards the 20 per cent (mark) in the next years to come." He was responding to a query on how significant the Indian market is for growth in India and its share within the organisation is increasing year-on-year, Eckholt said, adding that it "is also giving the confidence to the owner family that it makes a lot of sense to further focus on the Indian market, when it comes to market penetration, as well as future investments".At present, India is the second-biggest market for Hettich after Germany, which is also expected to continue to grow in the future, considering the key customers and global clients it serves, he economic growth, fast-growing middle class and a young population, all make it a market full of potential and a prospect for good growth in future, Eckholt to five years back, he said India and China were "more or less on the same size in terms of business" for Hettich, but "now, we (Hettich India) are clearly the number two".In terms of the top five global markets, China is third, followed by the US and Europe, Eckholt added. On local manufacturing, he said that since 2013, the company has been manufacturing in India at its Vadodara plant and in 2019, a new plant was set up in Indore. The company has so far invested Rs 2,000 crore in India. "The go-to-market strategy in 2013, when we entered with our own manufacturing, was local products for the local market to be closer to the need. We entered into the Indian market with the clear commitment to 'made in India' for India, but over the period of time, also, the confidence level from Germany was increasing in the capabilities of the Made-In-India portfolio," he noted. So nowadays, Eckholt said, "We are scaling. We are supplying to the world from are supplying goods to the US, Australia, and Europe. And what we also do is completely the opposite way -- we are supplying to China (while other competitors are importing from China)". The company's ability to export successfully to China from India also indicates that "we are very cost competitive on the one hand side. On the other hand, there is an assurance on quality", he noted.
Time of India
06-07-2025
- Business
- Time of India
Expect Indian market to contribute 20% to global revenue in coming years: Hettich
German furniture fittings major Hettich expects India to contribute around 20 per cent of its global sales, already its second biggest market, according to a top company official. The company, which started manufacturing in India in 2013 at its Vadodara unit, is looking to leverage on the government's policy of promoting local manufacturing and tap the fast growing middle class in the country -- its fastest growing market in the world -- to strengthen its market leadership, Hettich India, Middle East & Africa Managing Director Andre Eckholt told PTI. He said Hettich is also scaling up exports to other markets, including the US, Australia, Europe and China, as it enhances production in India with a second manufacturing plant in Indore, Madhya Pradesh. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top Public Speaking Course for Children Planet Spark Book Now Undo "As a Hettich group, we have a global revenue of 1.5 billion euros, and the share of India is growing year-on-year because India for Hettich is the fastest growing market. Our share of the global revenue is increasing year-on-year," Eckholt said. "It (contribution of India to global revenue) is for sure in double digits. It is going towards the 20 per cent (mark) in the next years to come." Live Events He was responding to a query on how significant the Indian market is for Hettich. The growth in India and its share within the organisation is increasing year-on-year, Eckholt said, adding that it "is also giving the confidence to the owner family that it makes a lot of sense to further focus on the Indian market, when it comes to market penetration, as well as future investments". At present, India is the second-biggest market for Hettich after Germany, which is also expected to continue to grow in the future, considering the key customers and global clients it serves, he noted. India's economic growth, fast-growing middle class and a young population, all make it a market full of potential and a prospect for good growth in future, Eckholt said. Four to five years back, he said India and China were "more or less on the same size in terms of business" for Hettich, but "now, we (Hettich India) are clearly the number two". In terms of the top five global markets, China is third, followed by the US and Europe, Eckholt added. On local manufacturing, he said that since 2013, the company has been manufacturing in India at its Vadodara plant and in 2019, a new plant was set up in Indore. The company has so far invested Rs 2,000 crore in India. "The go-to-market strategy in 2013, when we entered with our own manufacturing, was local products for the local market to be closer to the need. We entered into the Indian market with the clear commitment to ' made in India ' for India, but over the period of time, also, the confidence level from Germany was increasing in the capabilities of the Made-In-India portfolio," he noted. So nowadays, Eckholt said, "We are scaling. We are supplying to the world from are supplying goods to the US, Australia, and Europe. And what we also do is completely the opposite way -- we are supplying to China (while other competitors are importing from China)". The company's ability to export successfully to China from India also indicates that "we are very cost competitive on the one hand side. On the other hand, there is an assurance on quality", he noted.
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Business Standard
06-07-2025
- Business
- Business Standard
Expect India to contribute 20% to global revenue in coming years: Hettich
German furniture fittings major Hettich expects India to contribute around 20 per cent of its global sales, already its second biggest market, according to a top company official. The company, which started manufacturing in India in 2013 at its Vadodara unit, is looking to leverage on the government's policy of promoting local manufacturing and tap the fast growing middle class in the country -- its fastest growing market in the world -- to strengthen its market leadership, Hettich India, Middle East & Africa Managing Director Andre Eckholt told PTI. He said Hettich is also scaling up exports to other markets, including the US, Australia, Europe and China, as it enhances production in India with a second manufacturing plant in Indore, Madhya Pradesh. "As a Hettich group, we have a global revenue of 1.5 billion euros, and the share of India is growing year-on-year because India for Hettich is the fastest growing market. Our share of the global revenue is increasing year-on-year," Eckholt said. "It (contribution of India to global revenue) is for sure in double digits. It is going towards the 20 per cent (mark) in the next years to come." He was responding to a query on how significant the Indian market is for Hettich. The growth in India and its share within the organisation is increasing year-on-year, Eckholt said, adding that it "is also giving the confidence to the owner family that it makes a lot of sense to further focus on the Indian market, when it comes to market penetration, as well as future investments". At present, India is the second-biggest market for Hettich after Germany, which is also expected to continue to grow in the future, considering the key customers and global clients it serves, he noted. India's economic growth, fast-growing middle class and a young population, all make it a market full of potential and a prospect for good growth in future, Eckholt said. Four to five years back, he said India and China were "more or less on the same size in terms of business" for Hettich, but "now, we (Hettich India) are clearly the number two". In terms of the top five global markets, China is third, followed by the US and Europe, Eckholt added. On local manufacturing, he said that since 2013, the company has been manufacturing in India at its Vadodara plant and in 2019, a new plant was set up in Indore. The company has so far invested Rs 2,000 crore in India. "The go-to-market strategy in 2013, when we entered with our own manufacturing, was local products for the local market to be closer to the need. We entered into the Indian market with the clear commitment to 'made in India' for India, but over the period of time, also, the confidence level from Germany was increasing in the capabilities of the Made-In-India portfolio," he noted. So nowadays, Eckholt said, "We are scaling. We are supplying to the world from are supplying goods to the US, Australia, and Europe. And what we also do is completely the opposite way -- we are supplying to China (while other competitors are importing from China)". The company's ability to export successfully to China from India also indicates that "we are very cost competitive on the one hand side. On the other hand, there is an assurance on quality", he noted.
Business Standard
27-05-2025
- Business
- Business Standard
Hettich Showcases Future-Ready Furniture Innovations at Interzum 2025
PRNewswire Mumbai (Maharashtra) [India], May 27: Hettich, a global pioneer in furniture fittings and intuitive interior solutions, marked a strong presence at Interzum 2025, with a powerful presentation of its vision: 'Transforming Spaces - with Innovative Motion'. Over four impactful days, Hettich brought to life a future where furniture is not just functional; but also intuitive, flexible, and built for evolving lifestyles and workspaces. Smart Fittings, Smarter Spaces At the heart of Hettich's showcase was a portfolio of future-ready innovations that blend cutting-edge design with everyday functionality. Key highlights included theslimline Avosys hinge for glass and mirror doors, the SAH 500 heavy-duty cabinet suspension bracket, and a visually striking upgrade to the AvanTech YOU 'Illumination' feature; now offering dynamic light color transitions for both system and wooden drawers. Spinnovate Your Space: A New Era with SpinLines Making its mark as a curtain-raiser, Hettich unveiled its game-changing SpinLines product family; redefining what it means to create transformable furniture. At its core is RoomSpin, a turning and swiveling system engineered to choreograph movement and reconfigure spaces with remarkable fluidity. This innovation gives designers, architects, and furniture makers new freedom to plan furniture and room layouts with unprecedented efficiency and creativity. Reimagining the Flexible Workspace Hettich's Flexible Workspace concept demonstrates how movable wall modules, extendable desks, whiteboard placements, and acoustic materials can instantly reshape office zones. Each last detail, from mobile partitions to smart storage, is built around user convenience and seamless space transformation. Technology That Simplifies Emphasizing digital support for modern production, Hettich also showcased new-age tools and assembly aids: QR codes, augmented reality (AR) applications, and a debut 3D printing portal offering downloadable component templates. These innovations streamline installation and bring precision engineering directly into the hands of fabricators and customers. A Global Vision for Design Inspiration Leading the Hettich India team at Interzum was Managing Director Mr. Andre Eckholt. Commenting on the occasion, Mr. Eckholt said, "At Hettich, we're not just creating fittings, we're creating possibilities. Interzum provided us with a platform to share our global vision of transforming spaces, and we're excited to bring this inspiration to our customers in India, crafting truly magical interior spaces." With a strong legacy built on German engineering, a deeply intuitive understanding of evolving user needs, and a sharp eye for design, Hettich continues to redefine the future of interiors. For more information, please visit Hettich at Interzum 2025 . About Hettich Founded in 1888, Hettich is one of the world's leading manufacturers of furniture fittings. Headquartered in Kirchlengern, Germany, the family-owned company employs around 8,400 people and operates in over 100 countries. With a strong focus on innovation and customer needs, Hettich offers magical interior solutions for modern living. True to its promise: 'It's all in Hettich.' Media Contact: Name: Samina Zaidi Contact: +91 86557 06940 Email:
Business Upturn
27-05-2025
- Business
- Business Upturn
Hettich Showcases Future-Ready Furniture Innovations at Interzum 2025
MUMBAI, India , May 27, 2025 /PRNewswire/ — Hettich, a global pioneer in furniture fittings and intuitive interior solutions, marked a strong presence at Interzum 2025, with a powerful presentation of its vision: 'Transforming Spaces – with Innovative Motion'. Over four impactful days, Hettich brought to life a future where furniture is not just functional; but also intuitive, flexible, and built for evolving lifestyles and workspaces. Smart Fittings, Smarter Spaces At the heart of Hettich's showcase was a portfolio of future-ready innovations that blend cutting-edge design with everyday functionality. Key highlights included the slimline Avosys hinge for glass and mirror doors, the SAH 500 heavy-duty cabinet suspension bracket, and a visually striking upgrade to the AvanTech YOU 'Illumination' feature; now offering dynamic light color transitions for both system and wooden drawers. Spinnovate Your Space: A New Era with SpinLines Making its mark as a curtain-raiser, Hettich unveiled its game-changing SpinLines product family; redefining what it means to create transformable furniture. At its core is RoomSpin, a turning and swiveling system engineered to choreograph movement and reconfigure spaces with remarkable fluidity. This innovation gives designers, architects, and furniture makers new freedom to plan furniture and room layouts with unprecedented efficiency and creativity. Reimagining the Flexible Workspace Hettich's Flexible Workspace concept demonstrates how movable wall modules, extendable desks, whiteboard placements, and acoustic materials can instantly reshape office zones. Each last detail, from mobile partitions to smart storage, is built around user convenience and seamless space transformation. Technology That Simplifies Emphasizing digital support for modern production, Hettich also showcased new-age tools and assembly aids: QR codes, augmented reality (AR) applications, and a debut 3D printing portal offering downloadable component templates. These innovations streamline installation and bring precision engineering directly into the hands of fabricators and customers. A Global Vision for Design Inspiration Leading the Hettich India team at Interzum was Managing Director Mr. Andre Eckholt . Commenting on the occasion, Mr. Eckholt said, 'At Hettich, we're not just creating fittings, we're creating possibilities. Interzum provided us with a platform to share our global vision of transforming spaces, and we're excited to bring this inspiration to our customers in India , crafting truly magical interior spaces.' With a strong legacy built on German engineering, a deeply intuitive understanding of evolving user needs, and a sharp eye for design, Hettich continues to redefine the future of interiors. For more information, please visit Hettich at Interzum 2025. About Hettich Founded in 1888, Hettich is one of the world's leading manufacturers of furniture fittings. Headquartered in Kirchlengern, Germany , the family-owned company employs around 8,400 people and operates in over 100 countries. With a strong focus on innovation and customer needs, Hettich offers magical interior solutions for modern living. True to its promise: 'It's all in Hettich.' Media Contact: Name: Samina Zaidi Contact: +91 86557 06940 Email: [email protected]
