Unfazed by the current economic crisis, New Delhi-based Livtek India (P) Ltd, a premium lifestyle products distributor, hopes to achieve 20 per cent growth this fiscal. The company has also set an ambitious target to garner a market share of 25 per cent by 2010 from the current 8 per cent in the Rs 300-crore lifestyle products market.
Further, the company, an exclusive distributor for premium segment brands such as Pierre Lannier (watches), Omas, Monte Verde, Yard-O-Led (pens), among others, through stores like Crossword, Oxford, Starmark and Luxor, aims to expand in tier-II and smaller cities, in addition to metros and tier-I cities. Recently, the company also announced its presence in Chandigarh through inaugurating Capital Book Depot.
Speaking to Business Standard, Livtek India (P) Ltd, sales manager (north and east), VB Srivastava, “there has been a significant demand of these kind of lifestyle products in India. We started five years ago with one product and now we have eight products in our portfolio.”
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app