Business Economy


Fabience to invest Rs 50 cr in Hyderabad plant to expand furniture production, exports

Hyderabad, Oct 9 (UNI) Premium furniture manufacturer Fabience plans to invest around Rs 50 crore in a new greenfield manufacturing facility near Hyderabad to expand production capacity, strengthen its domestic market presence and accelerate exports, the company said on Friday.
The proposed 1.5 lakh sq. ft. facility is targeted for completion by next year and is expected to generate around 100 direct jobs, the Hyderabad based firm said in a release.
The plant will focus primarily on movable furniture, including sofas, chairs and loungers, while supporting the company’s existing modular furniture business.
Fabience Managing Director Raj Venu Gopal Takkallapally said the expansion was part of the company’s strategy to scale up manufacturing and build a stronger presence in domestic and international markets.
The new facility will deploy advanced Italian and German machinery and automated manufacturing technologies to improve production efficiency, precision and quality, he saiid
Currently operates a 2 lakh sq. ft. manufacturing hub in Hyderabad, backed by a workforce of 200 employees, he said the company has already invested around Rs. 80 crore in this existing facility, building robust capabilities across modular kitchens, wardrobes, panelling, and premium movable furniture.
Company Director Richie Raj Gopal Takkallapally said the company planned to expand its business-to-business network, increase exports and widen its product portfolio.
Fabience has been supplying premium kitchens, wardrobes and modular solutions to furniture and interior showrooms across India, while its international business has grown over the past two to three years, she said.
The company has completed nearly 3,500 projects across residential, commercial and hospitality segments and currently serves customers in 15 Indian states.
Its portfolio includes furniture solutions for hotels and resorts, with the United States emerging as an international market for its products.
Company Director Sandeep Polsani said investments in automation, advanced machinery, PU lacquer finishing and edge-banding technologies would help the company improve consistency and meet international quality standards.
The expansion comes amid anticipated growth in India's furniture market, Company Director Karan Raj Gopal Takkallapally cited estimates valuing the market at around USD 31.5 billion in 2026, with projections indicating growth to USD 45 billion by 2031.
The proposed investment is expected to strengthen Fabience’s manufacturing base as it seeks to capitalise on domestic demand and expand its international business, he said.
The company aims to compete with global manufacturers on technology, design, quality and production scale, its managing director added.
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