Pidilite Strengthens Its Hold in the Construction Industry with a?5 Crore Investment in Wify
Pidilite, a leading manufacturer of adhesives and construction chemicals, has invested?5 crore in Wify, a innovative startup in the real estate and home improvement market.
PidiliteWifyConstruction IndustryReal EstateHome ImprovementReal EstateOct 01, 2024
About Pidilite Pidilite Industries Ltd. is a leading manufacturer of adhesives and construction chemicals in India. The company was founded in 1959 and has since become a trusted name in the industry, known for its high-quality products and innovative solutions. The India Construction Festival The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024. The event is a premier platform for the construction industry, bringing together experts, manufacturers, and innovators to showcase the latest trends and technologies in the sector. Pidilite's investment in Wify is a testament to the company's commitment to innovation and its desire to stay ahead of the curve in the ever-evolving construction industry.
The real estate and home improvement market in India is growing rapidly, driven by increasing demand for housing and infrastructure development. The market is expected to continue its upward trend in the coming years, with a projected growth rate of 10-15% per annum. Pidilite's investment in Wify is a strategic move to tap into this growing market and establish itself as a key player in the industry. Wify is a innovative startup that offers cutting-edge solutions for the real estate and home improvement sector. The company's mission is to provide innovative and sustainable solutions that meet the evolving needs of the industry.
Frequently Asked Questions
What is the amount invested by Pidilite in Wify?
?5 crore
What is the name of the event where the India Construction Festival will be held?
14th RAHSTA Expo
When will the 14th RAHSTA Expo be held?
October 9 and 10, 2024
What is the expected growth rate of the real estate and home improvement market in India?
10-15% per annum
What is the mission of Wify?
To provide innovative and sustainable solutions that meet the evolving needs of the industry
Related News Articles
Aadhar Housing Finance Eyes Sustained Growth of Over 20% in Disbursements and Asset Base
Aadhar Housing Finance projects disbursements and assets under management to grow at over 20% this year
No Reversal on Real Estate LTCG Tweaks: Government Stands Firm
Government sources have confirmed that there will be no reevaluation of the changes made to Long Term Capital Gains tax (LTCG) in the Union Budget, despite concerns over the removal of Indexation benefit on property sales.
Navigating the Industrial REIT Landscape: A SWOT Analysis of EastGroup Properties
EastGroup Properties, a real estate investment trust (REIT) specializing in industrial properties, is at a crossroads in the ever-evolving industrial REIT landscape.
Godrej Group Makes Major Move in Mumbai Real Estate by Acquiring Land for Rs 81 Crore
In a strategic move, Godrej Group, through its real estate subsidiary Anamudi Real Estates, has acquired a significant plot of land in the bustling city of Mumbai for Rs 81 crore. This acquisition marks a major step in the company's expansion plans in one
Why Pattaya is the Next Big Thing for Indian Property Investors
A luxury sea-view condo in Pattaya costs as much as a mid-range apartment in Mumbai. Discover why Pattaya is quickly becoming a hot spot for Indian property investors, offering exceptional value and potential returns.
Akshaya Tritiya: Can It Spark a Surge in Real Estate Demand?
With reduced EMIs making home loans more affordable, Akshaya Tritiya could be the catalyst for a surge in real estate demand, especially in the luxury and high-end market segments.