Stories
Fabience Announces Major Expansion With New Mega Plant in Hyderabad
- •Fabience is investing approximately Rs. 50 crore to set up a new 1.5 lakh sq. ft. Greenfield plant near Hyderabad, scheduled for completion next year.
- •The upcoming facility will feature advanced Italian and German machinery to scale up movable furniture production and create around 100 direct jobs.
- •Led by Managing Director Mr. Raj Venu Gopal Takkallapally, the brand currently operates a 2 lakh sq. ft. manufacturing hub with 200 employees.
- •Fabience serves residential, commercial, and hospitality sectors across 15 Indian states and international markets including the United States.
- •The expansion aims to capitalize on the growing Indian furniture market, which is projected to reach USD 31.5 billion by 2026.
Key Questions Answered
Fabience is investing approximately Rs. 50 crore to set up a new Greenfield plant spanning over 1.5 lakh sq. ft. near Hyderabad. Targeted for completion by next year, the advanced facility is expected to create direct employment for about 100 people and primarily scale up the brand's movable furniture capabilities.
Established in 2018 under Managing Director Mr. Raj Venu Gopal Takkallapally, Fabience currently operates a 2 lakh sq. ft. manufacturing hub in Hyderabad. Backed by a workforce of 200 employees and an investment of around Rs. 80 crore, the existing facility builds robust capabilities across modular kitchens, wardrobes, panelling, and premium movable furniture.
According to Company Director Mr. Karan Raj Gopal Takkallapally, Indian furniture market valuations are estimated to scale to approximately USD 31.5 billion by 2026, and further climb to USD 45 billion by 2031. This upward market trajectory serves as a crucial backdrop for Fabience's new facility expansion.
