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Usha International

Usha International looks to close FY23 with around Rs 3,800 cr revenue

Consumer durable product maker Usha International is looking to close the current financial year with a revenue of around Rs 3,800 crore, said its CEO Dinesh Chhabra. As part of its strategy, the company is pursuing "profitable growth" across its segments with quality and not chasing the market shares, he said. "We would attempt to close to Rs 3,700 crore to Rs 3,800 crore in FY23," Chhabra told PTI. Usha International operates in the consumer durable space with a product portfolio, including fans, sewing machines, home appliances and power products. Presently 45 per cent of Usha International's business comes from the fan segment, while the rest is contributed by others. When asked about growth, Chhabra said he expects growth from all the segments. However, he also added: "I see growth from the cooking segment to be far better than fan as its penetration levels are low." The cooking range includes mixers, juicers, grinders, grillers and toasters etc. from where the growth would

Usha International looks to close FY23 with around Rs 3,800 cr revenue
Updated On : 21 Feb 2023 | 8:13 PM IST

Sewing machine biz growing strong during pandemic, says Usha International

Sewing machine major Usha International on Monday said that the demand for household machines has gone up in the past one year amid Covid-19 disruptions.

Sewing machine biz growing strong during pandemic, says Usha International
Updated On : 02 Aug 2021 | 9:23 PM IST

Industrialist Siddharth Shriram's zest for life: A son remembers

A writer on a wide variety of issues as a result of his interest in creating construct­ive debate for challenges facing India, he was instrumental in founding Delhi Policy Group

Industrialist Siddharth Shriram's zest for life: A son remembers
Updated On : 01 Jun 2021 | 2:29 AM IST

Industrialist Siddharth Shriram passes away at 76 due to coronavirus

Shriram had also held administrative positions in various sporting and industry associations. In sports, he was known for his support to golf in particular.

Industrialist Siddharth Shriram passes away at 76 due to coronavirus
Updated On : 17 May 2021 | 11:56 PM IST

Usha International, SIDBI to set up 700 Usha Silai Schools in 3 states

Consumer durables major Usha International and SIDBI on Monday announced setting up of 700 Usha Silai schools in aspirational districts and calamity prone areas of select states

Usha International, SIDBI to set up 700 Usha Silai Schools in 3 states
Updated On : 10 Aug 2020 | 8:48 PM IST

Usha International eyes 20% higher turnover at Rs 30 bn in FY19: Official

The company has 21% market share in fans and claims to be the second largest player in the organised fans category

Usha International eyes 20% higher turnover at Rs 30 bn in FY19: Official
Updated On : 16 Sep 2018 | 3:41 PM IST

Usha stitches up a new brand story

One of the country's oldest companies is reinventing itself, diversifying its portfolio and reaching out to young homemakers

Usha stitches up a new brand story
Updated On : 21 Jun 2016 | 9:48 PM IST

Usha International to launch rural retail format in UP

Company to expand its 'Usha Joy Stores', targets tier-IV towns with population of less than 50,000

Usha International to launch rural retail format in UP
Updated On : 25 May 2016 | 5:56 PM IST