Somany Home Innovation (SHIL) is aiming to turn into a $1 billion company by 2030 and commission the maiden manufacturing plant by 2021. The company aspires for $1 billion sales by 2030.
The company has acquired six acres of land in Hyderabad for India's largest water heater plant with a capacity of 6 lakh units a year.
Somany Home Innovation (SHIL) is focused on servicing end-consumers in the market and is involved in branding, marketing, sales, distribution, trading, service etc. of Consumer Appliances under the Brand name ‘Hindware’, ‘Moonbow’ and Furniture Retail Business under the Brand name ‘Evok’.
