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JSL Lifestyle eyes Rs 1,500 crore turnover in next three years

By PTI  |   Published: 08th November 2017 03:47 PM  |  

Last Updated: 08th November 2017 06:23 PM  |   A+A A-   |  

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For representational purposes (File | Reuters)

GURGRAM: JSL Lifestyle Ltd -- an arm of Jindal Stainless (Hisar)Ltd -- today said it is planning to scale up its turnover to Rs 1,500 crore over the next three years.

"We are planning to increase it to Rs 1,500 crore by 2020," JSL Lifestyle Managing Director Deepikaa Jindal told PTI here.

The current turnover of Jindal Lifestyle is Rs 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 modular kitchen, among others.

Different brands under the company's umbrella includes 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 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."

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