SERTA enters in India
India Infoline News Service / 16:04 , Nov 05, 2012
The rich heritage of the brand enabled it to expand quickly in areas outside the US and the brand has steadily made significant progress and impact in the mattress industry.
Serta, a US brand headquartered in Chicago has acquired the No 1 position amongst mattress companies in the world and plans to increase its presence around the world and enter India with an initial investment of Rs. 10 crores and plans to invest another Rs. 10 crores next year. The rich heritage of the brand enabled it to expand quickly in areas outside the US and the brand has steadily made significant progress and impact in the mattress industry.
Emirates Sleep Systems Pvt. Ltd. (ESPL), India, is a new venture set up in India as a subsidiary of Dubai Furniture Manufacturing Co. LLC (DFMC), which is part of the well known ARENCO Group in Dubai. Emirates Sleep Systems has been formed to market Serta branded sleep solutions products; one of the global leaders in the spring mattress category, in India. Emirates Sleep Systems have set up their manufacturing plant in Jejuri, Maharashtra which manufactures 200 mattresses a day.
In India, Serta is currently available in Pune, Delhi, Gurgaon and Ahmedabad with plans of opening outlets in Bangalore, Chennai, Hyderabad, Jaipur, Indore, Chandigarh, Cochin, Coimbatore and Calcutta among other cities. Serta also plans to venture into e-commerce, making mattresses available online.
The market size for the spring mattress category in India is about US$ 25 Million, though the total market size for all types of mattresses is more than US$ 500 Million. The mattress industry in India is dominated by small scale & unorganized sector which caters to more than 90% of the mattress requirement. Currently there are no quality manufacturers in the spring mattress segment due to which the growth in this category is too slow. Serta would be filling up this vacuum by manufacturing and marketing hi-tech and high quality products which will provide the consumer a unique sleep experience. The focus of the brand would be to provide consumers the required support, comfort, feel and the luxury they deserve at competitive prices.
Having over 80 years experience in mattress manufacturing, Serta has patented its unique Continuous Spring Technology known as ‘Posture Spiral Spring Technology’ and ‘Advanced Comfort Quilt Technology’ (ACQ).
Today Serta has 27 manufacturing facilities in the USA & Canada and one each in Dubai and India apart from other international markets. It is considered to be the world’s largest mattress brand in the Inner Spring category, synonymous with quality, comfort and style.
“Serta’s unique strategy in the Middle East coupled with innovation in product line backed by superior quality products have contributed significantly to the brand image of Serta” said Mr. S. Sundar Rajan, CEO – DFMC & Executive Director – ESPL, India.
Serta also provides mattresses to the hospitality sector and works with all the major hotels in India like Grand Hyatt - Mumbai; Hilton - Chennai; Hyatt Regency - Pune; Hyatt Regency - Delhi; Marriot Hotel & Convention Centre - Pune; Double Tree by Hilton - Bangalore and Gurgaon. With over 80 years of experience, Serta has earned its stars with the finest hotels in the world delivering technologically superior sleeping systems and innovative solutions to the hospitality industry at large.