India’s fastest growing and leading Metal Composite Panel brand, Aludecor honoured the Corporate Signage Industry’s patrons across India in a recently held gala event at a City luxury Hotel in Gurugram.
With A first -of -its -kind initiative for the corporate signage categories, Aludecor creates a benchmark by recognising their contribution for bringing change in Indian Retail & Corporate Signage. The current market size of ACP usage in Indian Signage Industry is approximately INR 1200+ Crores & this segment for Aludecor has grown at a CAGR of 30% for the last 3 years. Aludecor has achieved considerable footprints in Retail Signage across the country with its premium clientele like IOCL, BPCL, HPCL, Reliance Jio BP, Kia Motors, Maruti Nexa to name a few.
Aludecor to invest additional INR 110 Cr. to enhance production capacity to boost the Corporate Signage Segment
Addressing the gathering here, Mr. Ashok Kumar Bhaiya, Chairman & Managing Director, Aludecor, says “We have planned to invest INR 110 Cr. to enhance our manufacturing capacities to meet the market demand. As a responsible brand, we are on a conscious mission of bringing Green & Sustainable Products.”
Complementing pervasive digital signage, the physical signage space continues to be an unparalleled channel for brands to draw in their audience. With the ongoing development and up gradation of metro stations and airports, the exposure of signage and OOH advertising will become much more prevalent within this decade. The use of Green & Sustainable products like Aluminium Composite Panels will definitely increase.
Mr. Praveen Mahajan, Vice President, Aludecor says “Signage is amongst the fastest growing sector in overall ACP’s application. Aludecor has created its mark being one of the most preferred for Corporate & Retail Signage. We have taken an ambitious target to generate INR 300 Crores business in next three years.”
Signage Business partners are equally jubilant with this kind of initiative which is once again a first in the Industry. Top shots of the signage business segment were recognised and awarded for their business contribution & growth. Besides honouring them, an exclusive and segment-first privileges program, ‘Club Signex’ was also launched for the achievers.
