Thomsen celebrates 5 yrs in India; expansion plans on card

New Delhi, Jan 26 (UNI) German mattresses company Thomsen celebrates its 5 years work performance in India.

Thomsen CEO Anil Gupta said, “We had invested approx Rs 350 million in the business, the expected return on investment is 12 per cent. And the most revenue generating segment of the company would be our high end products.”

“We would be expanding rapidly in the next couple of years. Our plan would be to set up our sales network across the country at the soonest,” said Mr Gupta, the first generation entrepreneur who acquired the company in 2008 in Germany.

“Comprehending the Indian market, Thomsen understood that the mattresses used in India are either uncomfortable or harmful, leaving people with back pain and body aches. Hence, the company decided to introduce different ranges of mattresses in India,” he added.

The brand made its foray into the Indian market in the year 2013.