# Mahi Granites forays into furniture manufacturing with Rs 100 crore investment

Mahi Granites group announced a foray into home interiors with Dasos, planning to invest Rs 100 crore over the next few years. It has set up a 2 lakh sq ft fixed furniture manufacturing facility in Toopran, Hyderabad at Rs 40 crore, and a 2.2 lakh sq ft quartz plant in Shadnagar at Rs 150 crore.

- Type: Expansion
- Announced: 2024-01-30
- Where: Hyderabad, India, India
- Value: $12.0M (1.00B INR)
- Status: announced
- Capacity: 4 lakh sq ft of quartz per month; modular furniture for 15 apartments per month
- Products: custom-built modular furniture, quartz surfaces, loose furniture
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Mahi Granites](https://endata.com/companies/75335.md)
- [Dasos](https://endata.com/companies/75336.md)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/business/india-business/mahi-granites-forays-into-furniture-manufacturing-with-dasos/articleshow/107270239.cms), 2024-01-30: "We are planning to foray into markets like Bengaluru by 2025 and later into Pune where we will be investing around Rs 25 crore each in setting up local manufacturing to ensure lower logistics costs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.