Huma Qureshi Inaugurates Darwin Platform Groups’s First Store “DP Retail”

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DP Retail plans to have a pan-India presence with 50 lakh square foot space in the next few years

Given the rising consumerism in Metros like Mumbai, DP Retail, a subsidiary of Darwin Platform Group of Companies (DPGC) today formally announced its entry into retail space with the launch of its first megastore at DN Nagar, Andheri West Mumbai. At the launch ceremony, famous Bollywood actress Ms. Huma Qureshi inaugurated DP Retail’s first store. The company would be opening other self-owned exclusive stores at Bhandup, Goregaon, Jogeshwari, Sion, and Worli soon. The launch signifies the DPGC’s ambitious plan to leverage the potential of Indian Retail Space which is one of the most dynamic and fast-paced sectors with double-digit annual growth and it accounts for over 10 per cent of the country’s gross domestic product (GDP) and around eight per cent of the employment.

Raja Roy Choudhury, (Group CEO, DPGC) and Ms. Huma Qureshi at opening of “DP Retail”

With 2,500 square feet, DP Retail’s first self-owned store at Andheri boasts of an optimal mix of national, regional, local and private label quality brands at competitive and concessional rates with loyalty and promotional schemes. DP Retail plans to have a pan-India presence with 50 lakh square foot space in the next few years.

Inaugurating the DP Retail Store, Ms. Huma Qureshi said, “It is an honour for me to open the DPGC’s first megastore in Mumbai which India offers huge potential in the retail space. The store will give a new age experience to shoppers. I am sure DP Retail would be leveraging its strong network to source quality products from micro and small industries. The company’s business model is perfectly aligned with ‘Make in India’ and ‘Vocal for Local’ campaigns.”

DP Retail plans to invest Rs. 1,000 crore in FY 21 to reach out to other Indian cities. It has also allocated Rs. 100 crore towards market penetration across the omnichannel retail business including an innovative franchise model.

Talking to reporters after the launch ceremony, Raja Roy Choudhury, Group CEO, DPGC said, “India is the world’s fifth-largest global destination in the retail space. With DP Retail, we would be leveraging our countrywide network to cater to the rising consumers’ demand. The first self-owned exclusive megastore of DP Retail, opened today, is spread over 2500 square feet. Other five stores in the city would be spread over 500-600 square feet. Overall, we are aiming at 50 lakh square feet space across the country in the next few years.”

“We have recently launched Mega Employment Program to provide job opportunities to youth and DP Retail would be offering jobs to nearly 1.25 lakh people in the next one or two years. We have an ambitious plan to provide jobs to 40 lakh people and DP Retail would have lion’s share in this,” he added.

DP Retail, through its robust procurement policy, would encourage and empower local growers, traders, manufacturers, and skills to increase their sphere of influence and get the best price for their products and services. This policy would act as a catalyst to promote vocal for local and thereby giving a push to Atmanirbhar Bharat Mission. DPGC’s history of winning over customers by heavy discounts during the initial stage is likely to work in its favour.

According to the industry estimates, in 2021 conventional retail would continue to dominate with over 75 per cent share in the organised segment. DP Retail would leverage this strength of the segment.

The Indian retail sector would continue to witness over 10% Compound Annual Growth Rate (CAGR) in the period 2016-21. The sector plays a pivotal role in the growth story of the Indian economy through significant contribution towards the national GDP, attracting significant domestic as well as foreign investments and technologies, and generating vast employment opportunities. It is projected that by 2021, traditional retail will hold a major share of 75%, organized retail share will reach 18% and E-commerce retail share will reach 7% of the total retail market. According to a FICCI – Deloitte Report on the Retail sector, Consumer retail is expected to reach a size of INR 85 trillion by 2021. Leveraging its strengths and potentials of the Indian consumer retail.

DP Retail would leverage its PAN India presence with food, health, wellness, and other products (except fashion items). It would also focus on Indian traditional products and values. Hence, a customer in Mumbai can have ethnic food items from any part of the country. All brands of dry fruit, food items, and other localised products will be available at its stores.

About DPGC

Established in 1996, the DPGC’s net worth is USD 6.4 billion and it has 25 associates companies. Over the years, the Group has made rapid progress in several sectors with its other associate companies which include Darwin Platform Capital, Darwin Platform Holding, and Darwin Platform Infrastructure. Apart from these the Group, through its subsidiaries and associate companies, also operates in Banking, Healthcare, Aviation, Realty, Energy, Mass Media, and IT Sectors. The Group has now entered into the Retail and Defense Production Sectors with an innovative business model. Innovations would be inherent in its quality, pricing, accessibility, marketing, sourcing, merchandising, and other areas of operations. The country’s biggest employment scheme aims to build a strong nation with employment generation and wealth creation. To begin with, DPGC would take all its 1.25 lakh business associates across India on its payroll with a monthly salary of Rupees 15000 – 20,000. The Group targets to provide 1.25 lakh employment or income generation opportunities in each state (total 28) and Union Territories such as Delhi and Chandigarh.

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7 Reasons Why You Should Purchase Italian Furniture

7 Reasons Why You Should Purchase Italian Furniture

Very often we see people speaking ever so highly of the Italian furniture they own, while we see others gushing over Italian furniture and expressing their deep desire to own at least one such piece of furniture. Italian design and decor are widely hailed across the world for their strong emphasis on quality and simple shapes that combine both tradition and modernity through the finest craftsmanship.

The way a person decorates their home is a reflection of their personal style and identity. Needless to say, tastes and preferences vary wildly, especially when it comes to items of furniture with regard to their size, shape, texture, and color.  However, regardless of the specific kind of design a person likes, Italian furniture is a dominant player in the furniture and home design industry.

For several centuries, Italy has been considered to be a hub for culture, literature, and the arts as well as architecture and design. Italian style interior design has been the preferred choice for an ever-increasing number of people, and this is not just a recent trend. Italy is a country that is synonymous with class, sophistication, and exceptionally high quality, and this shows in the sheer popularity of Italian furniture today. Italian sofa manufacturers take great pride in the quality and design of their sofa sets, and one need not look far to see that even the most discerning customers are duly pleased with Italian furniture.

So what is it that makes Italian furniture so popular? Let’s take a closer look!

Timeless charm and appeal

Italian sofas, chairs, tables, and other pieces of furniture have a charm that is impossible to compete with, leave alone outdo. Not only are Italian furniture pieces renowned across the world for their quality and appeal, but they are also items whose aesthetic value appreciates over time. Italian furniture has an inimitably characteristic beauty and these furniture pieces only tend to look even better as the years’ pass. The fact that only the best quality materials are used for their manufacture is what makes Italian furniture so sought after.

Strong and durable

While many prospective customers will tend to get deterred or even discouraged by the fact that Italian furniture costs a fair amount of money, these furniture pieces are made with the best quality materials and are guaranteed to last for decades if not centuries. That being said, purchasing Italian furniture should be best viewed as an investment and not just an expenditure, as the elegance, durability, and comfort that these furniture pieces will offer you are their own reward.

Unbeatable quality and elegance

Italian artisans and craftsmen are famous across the world for their dedication, patience, and attention to detail. It goes without saying that Italian products, in general, are synonymous with high quality, and one only needs to look at history to see how true this is. Since time immemorial, Italian manufactures have strived for excellence and have always made sure that the products they make are nothing short of the best. Therefore, Italian furniture is a symbol of Italian perfection, sophistication, and class.

Exquisitely comfortable

The very purpose of furniture pieces such as sofas, chairs, and couches is to provide comfort to people. Italian furniture will not just provide unmatched comfort but will also give any person the feeling of being in exquisite and opulent surroundings. There is no doubt that a handcrafted piece of Italian furniture will convey a feeling of elegance and sophistication.

Wide variety of furniture designs

Many people are under the wrong impression that Italian furniture is available only in very specific parts of the world and that they are few in number. The good news is that this is not true. Artyz offers you a wide assortment of Italian furniture, and you are sure to find something that perfectly suits the design and aesthetics of your home. Not only will you be able to choose from sofas, ottomans, tables, beds, tables, and much more, you will also have the choice of selecting from a wide variety of designs. Given the fact that a lot of hard work and craftsmanship goes into making Italian furniture, you can make your living space truly unique by purchasing one or more exquisite furniture pieces.

High caliber craftsmanship

Italy is a world leader in manufacturing for a number of reasons. To begin with, only the highest quality of materials are used, and this, coupled with the unique and unparalleled skill sets that Italian artisans have, you can be assured of nothing less than the best. Italy has long been hailed for its contributions to several fields of the arts, such as painting, sculpture, music as well as design. That being said, painstaking hard work, unbridled dedication, and sharp attention to detail have made Italian craftsmanship an ideal in and of itself.

Novelty and inimitability

Unlike cheaper, mass-produced furniture that is readily available and most often delivered in a cardboard box, Italian furniture pieces are meticulously handcrafted and made with immense dedication and focus on the details. Italian furniture is very eye-catching and will without a doubt convey a sense of luxury and opulence to both residents and guests alike. Such furniture pieces will have a direct effect on the mindset and mood of residents as they will notice how the furniture pieces enhance and enrich the home.

Before you rush off to purchase Italian furniture pieces for your home, do check out Artyz. Artyz is a renowned furniture showroom in Kolkata that offers you a vast range of furniture choices that can suit the requirements of any living space and can accommodate any budget. As a leading furniture showroom, the focus remains entirely on providing top-quality furniture at affordable and reasonable prices. Simply take your pick from the diverse furniture selection and let Artyz handle the rest. By having Italian furniture in your home, you will be able to liven up your living space in unimaginable ways. The sheer elegance of Italian furniture is what creates a statement like no other style.

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Inspiring Journey of Rajasthan’s Deependra Singh Shekhawat From Monthly Salaries to Founder of Fifteen Crore Turnovers Company

Inspiring Journey of Rajasthan’s Deependra Singh Shekhawat From Monthly Salaries to Founder of Fifteen Crore Turnovers Company

Guy Kawasaki has rightly said that pursuing your passions makes you more interesting, and interesting people are enchanting. Passion is an underrated term as people believe more in hard work and dedication. We often forget that passion is what guides us to success. Deependra Singh Shekhawat is one of the few who proved that hurdles are hidden opportunities, and when utilized appropriately, they will lead you to victory.

Deependra Singh Shekhawat, being the son of a farmer, has the background of a middle-class family. He belongs to a small village of Udaipurwati, district Jhunjhunu of Rajasthan. However, his status never deterred him from dreaming. Dreams full of his passion gave him the strength to fight the battles in his life. After graduation, he initially started from a regular job. However, he was not content with his occupation. He sensed stagnancy in his career. Soon, he started thinking and strategizing about business. This thought process led him to join a renewable energy company, Adani Renewable Energy, to learn about business as the next step in his professional journey. From then on, there was no stopping him; he was on a roll. In 2015, he established Vertex Solution Company and became one of the top vendors of Adani Solar Energy. He went the extra mile by working with India’s well-known renewable energy organizations as Avada Sola, Tata Solar, O2 Power, and many more.

Deependra says that his passion for renewable energy spawns from the fact that renewable energy is one of the significant contributors to boosting the country’s economy and generating jobs. He further adds that adopting renewable sources of energy is a healthier option. He claims it is high time we start living peacefully with nature for the sanity of itself and humankind. Additionally, he has provided with job opportunities for the youth of his village Sarai and has become the Youth icon of Rajasthan. Despite belonging to a middle-class family, he left no stones unturned to achieve success and rose from the bottom of the pit to flying like an eagle. From having big dreams to making others’ dreams come true, he has come a long way.

His journey is inspiring hundreds and thousands of youngsters of middle-class families throughout the country. People are burning with passion after witnessing the change in his life. His life journey is constantly changing the lives of many for the best. He is igniting the fire of eagerness for victory in them.