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

Pidilite Strengthens Its Hold in the Construction Industry with a?5 Crore Investment in Wify
Real Estate:Pidilite, a well-established name in the construction industry, has taken a significant step towards expanding its presence in the market. The company has invested?5 crore in Wify, a cutting-edge startup that offers innovative solutions for the real estate and home improvement sector. This strategic investment is expected to strengthen Pidilite's hold in the industry and provide a competitive edge in the market.

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

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