The company aims to capture 5% of the market share by the end of the 2023.
Nolte Küchen’s Expansion Plan
Nolte Küchen aims to expand its presence in the Indian market by opening 25 showrooms across the country by the end of the year. The company currently has 14 outlets, and this expansion plan is expected to increase its market share significantly. The company’s expansion plan includes:
Challenges and Opportunities
While Nolte Küchen’s expansion plan is expected to be successful, the company faces several challenges in the Indian market.
Key Takeaways
Nolte’s India operations are managed from a fully integrated competence centre in Dubai. This centre serves as the nerve centre for the company’s activities in the region, providing a comprehensive platform for managing and executing its business strategies.
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