MoneyWorks4Me

Responsive Industries aims to open 100 standalone stores in next three years

12 Mar 2020 Evaluate

Responsive Industries is planning to establish four company owned COCO (company owned, company operated) design centers in the cities of Mumbai, Ahmedabad, Bangalore and Delhi this year to strengthen its brand presence and increase pull for its Luxury Vinyl Tiles products under the brand IMPACT.

The company’s focus on B2C has really paid off well in the last two years and is aiming for Rs 500 crore business in the next three years from Luxury Vinyl Tiles segment under its brand IMPACT.

In the next three years, it looks to add another 100 standalone stores and establish a permanent brand presence. The company will take franchisee route to expand its network of stores to build strong distribution and retail network.

Responsive Industries is one of the most sought after manufacturer, exporter and supplier of PVC polymer based products like PVC floorings & printed tiles.

Peers