Aparna Enterprises Ventures into Maharashtra to Capture 5% Market Share in Aluminium Windows and Doors Business

Commences
operations in Pune, Nagpur, Kolhapur, Nashik, Aurangabad and Vidarbha to cater
to the growing demand
Aparna Enterprises Limited
(AEL), India’s fastest growing building materials manufacturer, announced the
entry of its premium aluminium windows and doors brand, Alteza, into the
Maharashtra market. Starting with Pune, the company plans to expand its reach
across the state, targeting key cities like Nagpur, Kolhapur, Nashik,
Aurangabad, and Vidarbha. In the first year of its operations, it aims to
capture 5% market share in the state.
In Maharashtra, the
aluminium windows and doors market is estimated over INR 600 crore, boasting a
national Compound Annual Growth Rate (CAGR) exceeding 20%. Pune, renowned as a
major economic and cultural hub, is witnessing growth outpacing the national
average. This surge is fuelled by various factors, including a growing
population of discerning consumers who value the advantages of aluminium
windows and doors, alongside a notable rise in the number of high net-worth
individuals (HNIs). Recognising this potential, Alteza has strategically chosen
Pune as its launchpad for Maharashtra.
Ms
Aparna Reddy – Executive Director of Aparna Enterprises Ltd.
stated, “The exponential uptick of real estate and infrastructure requirements
in the western region of India has spurred demand for durable and premium
quality products. With our established expertise in the aluminium windows and
doors market through our premium brand, Alteza, we are equipped to capitalise
on a rapidly growing segment and deliver quality solutions to discerning
customers. Our expansion in Maharashtra is a significant milestone since it
opens doors for us to a plethora of locations within the state, as well as the
larger expanse of the western region.”
Speaking on the occasion, Mr Amar Deshpande – Head of Alteza (AEL),
added, "We are excited to launch Alteza in Pune and offer our innovative
range of aluminium windows and doors to customers in Maharashtra. Our unique
strength lies in our ability to execute projects on a turnkey basis,
encompassing design, fabrication, and installation. This ensures a seamless and
hassle-free experience for our clients while maintaining the highest quality
standards. Additionally, our D2C approach fosters greater client satisfaction
and brand recall."
The Indian aluminium
windows and doors market in India is primarily driven by the construction and
real estate sectors where there is a burgeoning demand for energy-efficient and
aesthetically pleasing building components. This has further been driven by the
government’s initiatives to promote affordable housing and urban development.
Started in 2019 as a vertical in Aparna Enterprises Ltd., Alteza is currently
present in all major cities in South India in addition to select locations in
West and Central India, and is poised to become a leading player in
Maharashtra’s aluminium windows and doors market.