Page 30 - ETP-April-May2020
P. 30

INTERVIEW









                                         A fabulous journey


                     In the last 23 years, Rehau has gone from strength to strength in terms of growth and
                            expansion in India, says Ajay Khurana, Chairman, Rehau – South Asia

                                                    By Niranjan Mudholkar

                  Rehau entered India in 1997.
                  How’s been the journey for the
                  organization since then?
                  In the last 23 years, Rehau has gone
                  from strength to strength in terms of
                  growth and expansion in India. Our
                  journey has been fabulous as we have
                  been able to capture extensive market
                  share and our approach has changed
                  from B2B to B2B2C. From a small
                  office with only three employees, we
                  have now grown into a vast network
                  of 350+ offices and retail centres
                  spanning across the country.

                  How’s been the last year for Rehau
                  South Asia in terms of business?
                  What kind of numbers have you
                  clocked and were they in line with
                  your projected figures?
                  The last year has been very rewarding   “I SEE UPVC WINDOWS SEGMENT GROWING
                  for Rehau South Asia and we have    AT A COMMENDABLE GROWTH RATE IN
                  successfully achieved double digit   INDIA. ALTOGETHER UPVC WINDOWS AND
                  growth.                            DOOR SEGMENT IN INDIA IS EXPECTED TO
                                                   REACH US$1,810 MILLION BY THE END OF 2025,
                  What have been the key challenges
                  and how have you faced them?     GROWING STUPENDOUSLY AT A CAGR OF 7.84
                  Demonetisation, GST implementa-           PERCENT DURING 2019-2025.”
                  tion and liquidity crisis had a serious
                  impact on Indian economy, however   pioneered uPVC windows concepts   dously at a CAGR of 7.84 percent
           The Economic Times POLYMERS  |  April-May 2020
                  we successfully navigated through all   and it remains continuously engaged   during 2019-2025.
                  these challenges since Rehau is a com-  in R&D activities to develop world
                  pletely process driven organisation.   class  range  of  smarter  uPVC  win-  You are also the founder member
                                                dows supported by state-of-the-art   of UWDMA (uPVC Windows
                  uPVC windows is the key business   hardware and components for its   & Doors Manufacturers Asso-
                  focus for Rehau. How big is this   valued customers.        ciation). Briefly tell us about the
                  market in India and where does                              work of the association and its
                  Rehau stand in terms of market   Based on your understanding of   plans for 2020-21.
                  share and position?           the market, do you see the uPVC   UWDMA (uPVC  Windows &
                  A global leader in polymers, Rehau   windows segment growing?  Doors Manufacturers Association)
                  provides a gamut of solutions world-  Yes, I see uPVC windows segment   is formed to promote the benefits of
                  wide as well as in Indian market.   growing at a commendable growth   uPVC windows and doors to the In-
                  Especially,  furniture  and  windows   rate in India. Altogether uPVC win-  dian construction industry and gen-
                  comprise our key verticals in India   dows and door segment in India is   eral public at large. UWDMA con-
                  and in both these segments we en-  expected to reach US$1,810 million   tinuously strives to provide all the
                  joy dominant position. Rehau has   by the end of 2025, growing stupen-  possible solutions to its valued mem-

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