Jaipur Rugs, the esteemed purveyor of luxurious handcrafted carpets and rugs, proudly broadcasts its strategic plans for additional international growth following a 12 months of great achievements. The corporate has expanded its presence considerably, now boasting shops in numerous areas throughout India and world wide, marking a pivotal second in its journey from Jaipur to the world.
Jaipur Rugs has established a robust presence with shops in key cities comparable to Jaipur, Delhi, Mumbai, Bangalore, Pune, Surat, Ahmedabad, and Chennai in India. Internationally, the corporate has profitable areas in Milan, Dubai, China, Russia, the USA, and London.
“In only a few years, our journey from Jaipur to the world has been extremely rewarding,” mentioned Yogesh Chaudhary, Director of Jaipur Rugs. “Our ongoing growth represents a pivotal second for us as we proceed to convey the artistry and custom of Indian craftsmanship to discerning prospects worldwide.”
This growth follows a collection of strategic strikes by Jaipur Rugs to strengthen its international footprint. Up to now 12 months alone, the corporate opened its first showroom in Dubai and considerably expanded its home presence with new showrooms in Pune and a franchise retailer in Surat. These initiatives underscore Jaipur Rugs’ dedication to offering unparalleled high quality and repair whereas assembly the rising demand for luxurious house decor options.
Wanting forward, Jaipur Rugs is thrilled to announce plans for the upcoming fiscal 12 months. By 12 months’s finish, the corporate goals to launch two new worldwide shops and 5 to 6 extra areas throughout India. Jaipur Rugs additionally plans to formally set up a brand new retailer in Southeast Asia earlier than the tip of this quarter, underscoring its dedication to bringing distinctive choices to numerous markets world wide.
Forecasting a 20% progress in India, Jaipur Rugs covers all its retail shops throughout the nation in addition to worldwide markets. Moreover, the corporate anticipates a robust 15% enhance from its international operations, together with exports. This projection underscores Jaipur Rugs’ dedication to increasing its market presence and boosting gross sales efficiency each domestically and globally.
This 12 months, Jaipur Rugs achieved a bunch turnover of ₹975 crore. The income contributions got here from three key areas: offline retail (40%), which incorporates bodily shops in India and overseas; (6%) from e-commerce, derived from gross sales on on-line platforms; and (54%) from exports, income generated from merchandise offered to worldwide markets. This complete breakdown highlights the various sources of income and the corporate’s robust deal with increasing each home and worldwide market attain.
