JSL Lifestyle eyes INR 1,500 crore turnover in next 3 years

(Image: www.moneycontrol.com)

JSL Lifestyle Ltd — an arm of Jindal Stainless (Hisar) Ltd — on Wednesday said it is planning to scale up its turnover to INR 1,500 crore over the next three years.

“We are planning to increase it to INR 1,500 crore by 2020,” JSL Lifestyle, MD, Deepikaa Jindal told PTI here.

The current turnover of Jindal Lifestyle is INR 300 crore.

She was speaking during the launch of Indo-Japanese Accelerator programme for agriculture startups.

When asked how does the company plan to increase the turnover, Jindal said, “We would basically increase our business. Go further into railways…”

JSL Lifestyle uses stainless steel as the core ingredient in the modular kitchen, among others.

Different brands under the company’s umbrella include Arttdinox.

The company, which at present has 7-8 Arttdinox stores in the country, has no plans to scale it further as of now.

“We would like to understand the market before we spread out,” she said.

Elaborating on the plan for a global foray of Arttdinox, Jindal said, “My focus at present is America and of course I would like to do Dubai as well. Basically, it would be shop in shop.”

(Source: www.moneycontrol.com)

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