Kitchenware brand Wonderchef is eyeing 23 per cent growth in revenue at Rs 400 crore in 2021-22 as compared to the previous year due to increase in upgradation of cookware following the pandemic, a top company executive said.
“The COVID-19 related disruptions forced many people to enter their kitchen where they found the need to upgrade their cookware.
“This increased the demand for Wonderchef products. Looking at the growth momentum, we expect to touch Rs 400 crore revenue in this financial year compared to Rs 325 crore during 2019-20,” Wonderchef founder and managing director Ravi Saxena told PTI.
With more and more young people entering the kitchen following the pandemic, there was a growth in demand for stylish, modern, healthy and convenient cooking appliances, which will drive the demand and help Wonderchef become a Rs 1,000 crore company in next five years, he said.
The company, which…