Moen Partners with Bathline Acquaviva to Enter Indian Sanitary Ware Market
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India: US-based kitchen and bathroom fittings brand Moen has announced its entry into the Indian market through a partnership with Bathline Acquaviva Group. This collaboration brings together Moen's expertise in innovation and sustainability with Acquaviva's experience in the Indian premium sanitary ware segment.
India's sanitary ware market is projected to grow at a CAGR of 7.74% over the next five years. "India is going to be the next growth engine for Moen. With the real estate booming and increasing incomes of Indians, we are sure of exciting times ahead," said George Wu, President, WINN (Water Innovation) Asia, Fortune Brands Innovations (Shanghai) Co. Ltd.
Source: The Week Magazine