Are you interested in starting a furniture retail store business with Nilkamal furniture? Here in this article, we explore this Nilkamal furniture franchise business opportunity details.
Nilkamal furniture started its business in the year 1990. The franchise and distribution network commenced in the year 2017. Nilkamal is a very popular furniture brand in India. Currently, it is a household name and an undisputed leader in the molded plastic furniture market. Actually, Nilkamal Limited owns the brand Nilkamal.
Nilkamal’s core businesses include material handling solutions, molded furniture, mattress, Nilkamal home ideas, a home furnishing store, and mega home store retail chains.
The company is listed on the National Stock Exchange and Bombay Stock Exchange since 1991. Our turnover (FY 15-16) exceeds INR 2000 crores ~ USD 300 million.
Today, Nilkamal holds the topmost position in the minds of consumers when it comes to buying furniture. Since the company has offered the best quality products and has reinvented itself time and again, it is why it has become India’s favorite furniture brand. Also, the company is the world’s largest producer of molded plastic furniture.
Nilkamal has become the ‘complete furniture solution provider’. Today the brand offers anything and everything a customer may want to purchase. Be it living room solutions, bedroom solutions, dining solutions, seating solutions, storage solutions, or office furniture, Nilkamal is the best one-stop shop in India. Nilkamal offers a franchise opportunity in the name & style of ‘Home Ideas’.
Nilkamal’s Core Business Areas
Apart from plastic molding, Nilkamal has so many other business activities too.
- Material Handling Solutions
- Moulded Furniture
- Nilkamal Mattress
- Nilkamal Home Ideas, the Home Furnishing Store
- @home, the Mega Home Store Retail Chain
- Bubbleguard solutions
The Company has 8 large manufacturing plants in India:
North – Samba (Jammu & Kashmir) and Greater Noida (Uttar Pradesh)
East – Barjora (West Bengal)
West – Sinnar, Nashik (Maharashtra), and Silvassa (Union Territory of Dadra & Nagar Haveli) (2 plants)
South -Pondicherry (Union Territory) and Hosur (Tamilnadu)
The Company has advanced machinery in Injection Moulding, Rotational Moulding, Vacuum Forming, Polyurethane Injection (of insulation), and capabilities for Blow Moulding. Each of these plants has dedicated Tool Rooms. Occupying a massive total constructed area of 1 million sqft; all of Nilkamal’s manufacturing plants are ISO 9001/2008 Certified and practice 6 Sigma manufacturing process.
This extensive manufacturing infrastructure is ably supported by our wide and strong sales network of 400+ techno-commercial experts, operating through 39 Regional Offices and 41 Warehouses spread across India.
The company has extended its business to other countries through exports. Sri Lanka is considered as the growing market for our goods. In a joint venture, the company has set up a plant near Colombo. This 10,500 sq. meter, ISO 9001:2008 factory complex has an installed capacity of 7500 metric tons per annum for Molded Furniture & Injection Molding crates.
Nilkamal Furniture Product Range
1. Bedroom Furniture
The product range includes a Wardrobe, Double bed, Bunk bed, Single bed, Side table, Dressing table, and Bedroom sets.
2. Living Room Furniture
The product range includes Bean bags, Center tables, Chairs, Coffee tables, Corner tables, Sofa sets, Storage solutions, TV trolleys, Wall units, etc.
3. Office Furniture
The product range includes a Corporate sofa, Lockers, Multipurpose chairs, Office units, Seater bench, Tables, Visitors Chairs, Workstations, Center tables, etc.
4. Cafeteria Furniture
The product list includes a Cafeteria table, Chairs, Table stand, and Tabletop.
5. Home Utility Furniture
The product range includes bookcases, Cloth dryers, Computer tables, Corner cabinets, Corner racks, Easy chairs, Garden swings, Ladders, Shoe racks, etc.
6. Dining Sets
The product list includes a Dining set, Dining Chairs, and Dining Table.
7. Kids Furniture
The kid’s furniture range includes Study Table, Chair, and Dining sets.
8. Plastic Furniture
The product list includes Center tables, Chairs, Dining tables, Planter, Racks & Trolleys, Stools, Storage, Household, Shell, Waste bin, etc.
Nilkamal Company Profile
Full name: Nilkamal Ltd.
Main Activities: Plastics Product Manufacturing | Household and Institutional Furniture and Kitchen Cabinet Manufacturing | Material Handling Equipment Manufacturing
Date of Incorporation: 05-12-1985
Date of Listing: 19-9-1995
Vamanrai V Parekh: Chairman
Hiroo Mirchandani: Director
S K Palekar: Director
Mufazzal S Federal: Director
Mahendra V Doshi: Director
K Venkataramanan: Director
K R Ramamoorthy: Director
Manish V Parekh: Executive Director & President
Nayan S Parekh: Executive Director & President
Hiten V Parekh: Joint Managing Director
Sharad V Parekh: Managing Director
Registered Office Address
Survey No.354/2 & 354/3, Near Rakholi Bridge, Silvassa – Khanvel Road, Vasona 396230, Silvassa, Dadra & Nagar Haveli, India
Official Website: http://www.nilkamal.com
5 Reasons for Buying Nilkamal Furniture Franchise
- First of all, India has a large domestic market. In the furniture industry, office furniture holds the first position. Apart from the metro cities, Tier II and Tier III cities are the major market for furniture.
- Nilkamal is a highly popular household name in the domestic furniture industry. Hence, when you work with Nilkamal you will enjoy both brand awareness and reputation.
- Thirdly, Nilkamal has a wide range of furniture that meets all the needs of both domestic and commercial.
- Nilkamal provides all manual training to run franchisees to the new business partners. However, the company will decide on the training location.
- Currently, the company is offering franchise opportunities in India. So, wherever you want to open a store location will not be a problem.
Investment Required to Start Nilkamal Furniture Franchise Business.
The total investment required for starting the Nilkamal furniture franchise business will be around 20 lac – 30 lac. The anticipated percentage return on investment is around 35%. The likely pay back period of capital for a unit franchise is expected to be around 2 – 3 years.
Detailed operating manuals will be provided to the franchise. The company has a standard franchise agreement. The Agreement term will be around 5 years. The term is renewable.
How to Apply for Nilkamal Furniture Franchise
First of all, open the URL http://www.nilkamalfurniture.com/contact_us. Here you will find a ‘Contact Us’ form. Fill up the form with information like name, email, city, contact number, etc. Select the category and type your specific message. And finally, submit the form. The company officials will contact you shortly.
Also, you can contact the company directly by phone or email.
Contact Details for Applying Nilkamal Furniture Franchise Business
Head office address
STICE, Plot No. 971/1A, Sinnar Shirdi Road,
Nasik District – 422103
Maharashtra – India
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.