Hindalco Industries on Thursday said the company is targeting a revenue of Rs 1,000 crore from its engineered system aluminium window business over the next three years.
The business under the brand name ‘Eternia’ has been registering nearly 65 per cent CAGR growth over the last three years, the company said in a statement.
The company is eyeing over Rs 1,000 crore revenue by FY29, driven by rapid category growth, an expanding nationwide partner network and enhanced manufacturing capabilities, the Aditya Birla Group firm said.
The windows and facade segment in India represents an estimated Rs 40,000 crore market opportunity and remains largely unorganised, with premium segments growing at nearly 15 per cent CAGR, reflecting rising demand for high-performance, design-led offerings, the company added.
Satish Pai, Managing Director, Hindalco Industries Limited, said, “The building and construction sector is a critical pillar of India’s growth story, and we see significant opportunity in delivering high-performance, system-driven solutions to this evolving market.”
Speaking about the brand, Anjan Putatunda, Business Head & Vice President Eternia, said the company is targeting sectors such as hospitality and new and upcoming real estate projects, especially in the Delhi-NCR region and Southern India, to tap growth opportunities.
Commenting on the durability of the product, he said that engineered aluminium windows and doors have in-built tensile strength compared to PVC.