There’s no denying the fact that the Indian economy is surging ahead at a rapid pace. The country, once considered to be a sleeping giant, is today truly up and awake and is on a bullish run, taking on major world economies like the US, France, Italy, Japan and others. Several analysts have forecast that the Indian economy would overtake that of China by 2050.
While the furniture sector constitutes a minuscule part of India’s economy, it would be worthwhile to note that the industry is revered all across the world. Indian furniture manufacturers make some of the most well crafted pieces of furniture that adorn the house of the wealthy and rich as well as the common man. In short it can be said that Indian furniture manufacturers cater to all classes of customers.
Recent studies by international agencies have revealed some very interesting facts about the Indian furniture industry. They have predicted that in the coming years, the market will be propelled by Indian furniture wholesalers who will procure their products from the Indian furniture manufacturers.
But what exactly would cause the furniture sector to witness a growth that has been hitherto unseen?
India now has a booming real estate and housing sector. According to figures released by the department of industrial policy and promotion, government of India, the real estate sector has attracted foreign direct investments to the tune of around $2.8 billion in the last fiscal, making it one of the largest sectors that have interested overseas investors. Besides, the demand for residential space is slated to cross the four million residential units by 2014. It has been estimated that Mumbai alone would account for over 60 million square feet of this realty space. The city is also expected to have an extra 55 million square feet of retail space by the end of the current year.
The hospitality sector of the country is also slated to fuel the demand of furniture from Indian furniture manufacturers and wholesalers. As of now, India has over 300 projects and 66,600 rooms in the pipeline for 2012. While the figures of 2011 hasn’t come in as yet, 78 new hotels, amounting to 13,709 rooms were added in 2010. Any new hotel requires huge numbers of furniture and they’ll procure their requirements from the Indian furniture wholesalers and manufacturers. The growing middle class households which was about 135 million in 2007-08, grew to over 140 million by 2009-10.The data has been disclosed by the National Council of Applied Economic Research.
As of now, the Indian furniture market is worth $8 billion and growing at a rate of 30 per cent compounded annually with the organized Indian furniture wholesalers and manufacturers accounting for 15 per cent. However, there are only about 10,550 furniture importers who mostly import from Germany, Italy, Malaysia and Spain. The branded furniture market of the country comprising commercial and residential furniture was valued at nearly $1.3 billion in 2008 and slated to reach $3.7 billion by the end of 2012.
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We start our business as Indonesia furniture exporter in 1993 and growing rapidly until now. We declare ourselves as a manufacture and exporter company with legal entity as PT in Indonesia and similar to Public Limited Company (PLC) or an Ltd in the United Kingdom, Ireland or the United States. Aspects of Law and Administration we have had since inception of this company’s proofing our seriousness and commitment running this business.
WISANKA Indonesia which is consist of five divisions covered seven products range Indonesia wooden furniture, indoor teak, Indonesia rattan furniture and natural fibers, classic furniture, outdoor furniture, synthetic rattan , decorative lighting and hospitality furniture supplier. The idea is to be one-stop shop by offer multitude furniture product range to our clients moreover to create the opportunity for the company to sell more products.
We believe skill and depth knowledge of furniture are the main foundation for everyone in this company. By those strength and supported with premium design, we will deliver “value” to our customers. We would like to create wide target market not only limited for wholesaler and retailer but also projects including hotel furniture project, villa project, housing project or event restaurant project unexceptional private house and government office. During our 20 years existence in Indonesia Furniture Hotel Suppliers Wholesalers industry those target market is complete adequately.
Hotel and Resort Project Premier Line is well-versed hotel & resort furniture. We have furnished several hotel project in both Indonesia (Jakarta, Yogyakarta, Bali and Bandung) and countries abroad (Bulgaria, Sri Lanka, Jordan, Maldives, Bahrain, Austria, India, USA, Croatia, Panama, Australia, and UEA). Recognizing the essential between furniture and hotel industry, lead us to be well know hotel and resort furniture supplier
In wisanka, we are accustomed to serve various bedroom furniture for the needs of hotels with various levels ranging from 3 stars to 5 plus stars. there are various choices of material products as basic materials such as teak furniture, mahogany, natural rattan, and others. in addition we are also accustomed to work based on custom design wholesale furniture for hotels and resorts. Some of the best selling styles of furniture include modern bedroom furniture, classic luxury style bedroom furniture, contemporary and colonial bedroom furniture, antique reproduction bed sets, and more ...
do not hesitate to choose you as partner in supplying Wholesale furniture for hotel, restaurant, guest house or your resort.
WHOLESALE INDOOR AND OUTDOOR BAR, RESORT AND RESTAURANT FURNITURE SUPPLIER
This is the best place restaurant furniture supplier to find a wide selection of affordable outdoor furniture for your restaurant, bar, or resort. All of our outdoor restaurant furniture is specially designed for commercial, outside use. We're have restaurant tables and chairs, dining set furniture, outdoor bar furniture, park benches, cafe umbrellas, and more! So if you're furnishing an outside spot, we are sure to have what you're looking for!On top of having the capability to endure all types of weather, our outdoor hospitality furniture is always listed at low sale prices. If you're looking for affordable, quality outdoor furniture for sale, you'll be happy you stopped by! Striving to be your one stop shop, we also carry a line of indoor restaurant furniture, for all your shopping needs! Let us furnish your restaurant, bistro, or café from the inside out! If you have any questions, our sales team would be more than pleased to assist you. Email us now... SEND INQUIRY
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