Euronics Launches State-of-the-Art Manufacturing Facility in Gurugram
Euronics, a leader in public washroom automation, has inaugurated its new manufacturing plant in Gurugram. This strategic move aims to cater to the increasing demand for commercial and public washroom facilities. CEO and Managing Director Viknesh Jain announced that the plant is part of the company’s strategy to achieve ₹400 crore in revenue by FY 2025-26. The facility is designed to enhance production capacity, managing 50% of the current order volume.
Sustainability and Job Creation at the Forefront
Committed to sustainability, Euronics is focusing on water conservation, reducing tissue usage (a significant contributor to deforestation), and saving electricity. The new plant is set to create 200 blue-collar jobs, further contributing to the local economy.
Expansion into Online Marketplaces and Future Revenue Goals
Euronics continues to target commercial spaces, addressing crucial issues such as water wastage and excessive tissue paper use. Additionally, the company is expanding its presence in online marketplaces like Amazon, aiming for ₹280 crore in revenue by FY 2025, with an expected close of ₹200 crore for FY 2024.
Euronics: A Trusted Partner for Major Projects
Since its inception in 2002, Euronics has served esteemed clients like Google, WIPRO, IBM, Accenture, and Infosys. The company has also been instrumental in automating washrooms for significant projects, including the Ram Mandir in Ayodhya, Yashobhoomi Convention Center, the New Parliament Building, various airports, the Supreme Court of India, Smart City projects, and AIIMS locations across India.
