HATIL, furniture brand from Bangladesh entered India by opening its first store with full range of lifestyle/decorative home and office furniture and doors products here.
On this occasion, Selim H. Rahman, Chairman and Managing Director, HATIL Complex Bangladesh said, ''Seeing more growth potential in tier two cities, we have entered the Indian market from Chandigarh tri city. We have plans to expand number of our stores in India and second store in a row will be opened at Kolkata day after tomorrow.”
Sharing business plans, Hatil’s Business Development Advisor Dewan Atif Rashid said the brand has stretched beyond Bangladesh and set up its footprints in Australia, Canada, Thailand, Nepal and Bhutan with well acceptance of furniture products.
“We have 65 franchise stores besides five exclusive stores in Bangladesh. We are following franchise model in other countries also including India. In India we shall carry out our expansion plans more consciously by sensing the nerve of market and perceived competition. We intend to set up 25-30 stores in about three years time in India,'' he added.
The company is looking for potential partners in different parts of India to manufacture furniture products in accordance with its designs and quality parameters to meet the domestic demand.