Shakti Hörmann to Set up a ₹175Cr+ Greenfield project for manufacturing Wooden Doors, Launches 2 OpenXperience centres in Hyderabad and New Delhi
Hyderabad : Over 3 decades old Hyderabad-based Shakti Hörmann, a pioneer in the commercial, industrial and residential door manufacturing industry, announced today the launch of its latest product line for B2B and B2C sectors including the launch of 2 new OpenXperience centres in Hyderabad and New Delhi, leveraging strategic partnership with Hörmann, Germany.
Additionally, the company is establishing the most advanced wooden door manufacturing plant in India, further solidifying its dedication to expanding its national presence and delivering unparalleled products and services to its growing customer base.
“Today marks a significant milestone in our journey of innovation and growth,” Shashidar Reddy, Managing Director of Shakti Hörmann said, “We are establishing a new manufacturing plant in Mahendra World City in Jaipur, with a capacity of 130,000 doors per annum, investing more than ₹175 Cr, reinforcing our commitment to an expanding national presence and fostering technological advancements in the commercial, industrial and residential door industry. The new plant will become operational in the 2nd Quarter of 2024, will enable Shakti Hörmann, to meet the growing demand for its products in India.”
The Shakti Hörmann plant located in Gagillapur Hyderabad currently can produce over 200,000 custom-made doors, door frames, and over 10,000 industrial doors per annum, catering to industrial, commercial, public buildings, institutions, hospitality, hospitals, and airports.
Explaining the idea behind the opening of the Shakti Hörmann OpenXperience center in Hyderabad and New Delhi Mr. Reddy said “Branded factory finished doors and exclusive experience stores are non-existent in India. Given the changing demand and requirements of this market especially the growth of the high-rise apartment complexes, the need of the hour is OpenXperience center that can offer a first-hand functional experience to consumers of new products and innovations that deliver performance and safety.”
Martin J. Hörmann, Managing Partner of Hörmann said, “Our focus remains on providing customers and our strategic partners with unparalleled access to the latest advancements in door technology the world over. The expansion of Shakti Hörmann operations in India is a testament to our dedication to meeting the evolving needs of our diverse customer base with Hörmann fire-rated doors, backed by decades of quality, protection, and safety.”
The introduction of new product experience centres and the Shakti Hörmann wooden door manufacturing plant is projected to positively impact the sales, the company’s revenue, and overall financial trajectory. The company sells 110,000 doors per annum currently, with a revenue of 2700 million INR.
The company’s new offerings prioritize safety, offering peace of mind to customers. While, the OpenXperience center aim to redefine customer selection, highlighting advanced door technologies such as residential hinged doors, Internal doors fire-rated doors, security doors, and multi-purpose doors, based on German and International standards.
The residential door price ranges from ₹10,000 to ₹2.5 lakh. While the commercial door ranges from ₹15,000 to ₹6 lakhs, the Industrial door ranges from ₹60,000 to ₹3,00,000, and Perimeter Protection – ₹2,50,000 to ₹10,00,000.
The upcoming 200,000-square-foot manufacturing plant Mahendra World City in Jaipur spread across 20 acres will create over 150 direct and over 300 indirect jobs locally and foster community development.