More than 70% of the furniture market is still unregulated in India
Hyderabad: The Indian furniture market was valued at about $20 billion this year, and the luxury furniture market occupies between 15 and 20 percent, says Sunil Suresh, founder and CEO of Stanley Lifestyles Ltd., which has a 10 percent market share. “About 60-70 per cent of the furniture market still falls under the unorganized sector…