P N GADGIL JEWELLERS LIMITED INITIAL PUBLIC OFFERING TO OPEN
Godrej Interio partners with KMRCL for the Interior Work at the metro stations for India’s Deepest Metro Corridor in Howrah, Kolkata
Mumbai, May 31, 2023: Godrej & Boyce, the flagship company of the Godrej Group announced that its business Godrej Interio, India’s leading furniture solutions brand, in home and institutional segments, has accomplished the interior design and implementation for the metro stations located within the deepest metro corridor in Howrah, Kolkata. This achievement extends to both the residential and institutional sectors.
Godrej Interio partnered with the Kolkata Metro Authorities to undertake specific construction activities, including civil work, glass work, plumbing and raised access floors. This underground metro station showcases Godrej Interio’s engineering expertise and dedication to executing complex, technically challenging and pioneering infrastructure projects within the stipulated timeframe demonstrating the brand’s commitment to delivering high-quality results. Godrej Interio is committed to strengthening its market position by providing complete end-to-end solutions in the infrastructure sector.
Swapneel Nagarkar, Sr. Vice President & Business Head, Godrej Interio said, “The infrastructure sector is a significant driver of the Indian economy. Infrastructure development is essential for India to achieve its goal of having a $5 trillion economy by 2025[1]. In line with the Make in India mission, Godrej Interio has consistently played a leading role in nation-building. This metro station will be operational by the end of this year, and will provide fast and convenient transportation to nearly 7 lakh commuters. By collaborating closely with KMRCL and metro rail corporations, we aim to deliver an exceptional commuter experience, utilizing our expertise in turnkey solutions. Our efforts contribute to India’s vision of establishing a robust public transportation network throughout the country. At present, our Turnkey Projects business accounts for 22% of our B2B segment turnover, and we anticipate a 20% compound annual growth rate until FY25.”
Godrej Interio, for the FY ending 2023 clocked INR 2700 Cr revenue. Their turnkey infrastructure solutions business has successfully secured revenues of over INR 100 Cr during the same fiscal year. Godrej Interio’s projects line of business, of which turnkey infrastructure solutions is a part, has been working with the various metro rail corporations and government authorities for projects like the Kochi Metro, Mumbai Metro line 2A and so many more, have clocked a sizeable revenue of INR 335 Cr worth infrastructure projects in FY23.
With a proficient team of architects, interior designers, and project managers, Godrej Interio collaborates closely with various metro corporations to deliver a seamless experience with best-in-class execution. Their wide-ranging offerings encompass general contracting, design, and execution services, covering interior design, MEP, security and surveillance, as well as AV systems.