Tata Steel expects Rs 1,000 cr revenue by 2021 from home solutions

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Kolkata, Feb 6 (IANS) Tata Steel is looking at Rs 1,000 crore revenue over the next three years from its home solutions business, an official said.

“Our revenue from retail interior steel home solutions in the current fiscal will be about Rs 200 crore. We expect this to be Rs 1,000 crore in the next three years,” Tata Steel VP (Marketing and Sales) Peeyush Gupta said on Monday evening.

According to him, steel doors launched by the company under ‘Pravesh’ brand has been doing well and emerging as the main revenue contributor in the interior home solution products segment.

The company, now, has been selling about 15,000 doors per month through 1,500 dealers across the country and the steelmaker remained bullish on the segment, he said, adding that steel windows solutions have been launched in select markets.

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–IANS

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