Indore International Mega
Furniture Cluster
World class mega furniture cluster.
Welcome to
Indore International Mega Furniture Cluster
Indore is located in the heart of Madhya Pradesh and is the commercial capital of the state. The city has been evolving since the times of the Holkar’s till today. Also known as the city of foodies, Indore is excelling in the fields of Automobile, Medicine, Pharmaceuticals, Textile, Garment, Engineering, Furniture & a lot more.
It is the only city of India with both Indian Institute of Management & Indian Institute of Technology. Industrialization is booming in the city due strategic location, arability of skilled manpower, international & national connectivity, Public transportation throughout the city, accommodation, soothing lifestyle & weather etc.
Indore has a never-ending list of reasons to get approval for establishing first of its kind, International mega furniture cluster of India.
Indore Furniture Industry
Indore is old industrial town and famous as teakwood market of central India. Hence Indore already have countries oldest wooden and steel furniture industries. Lot of skilled manpower available in city to manufacture furniture.
Many reputed manufacturers in the city those have national presence, Indore is famous for Sheet metal, tube fabrication, teak wood furniture and apart from this lot of panel processing, injection molding, upholstery furniture factories situated in the city. Almost all kind of furniture is being manufactured in the city.
Cluster Objective
Support Indian Furniture
To support and assist development of the Indian furniture sector at the worldwide furniture market.
Technical Support
To support cluster members in technology & product modernization, as well as in boosting innovation & design.
Increase Productivity
To assist members for increasing their productivity and competitiveness at the global market
Strength
To identify and create common facilities within cluster to strengthen competitiveness of units within cluster.
National Representation
To represent and lobby for members’ interests at national and international level
Vocational Training
To provide vocational training and specialized education for improvement of the technical and managerial skills of its members
Increase Exports
To increase the export capacity of the Furniture Industries within Cluster through co-operation and partnership of the cluster members.
Competitive Advantage of Cluster
At present, cost of furniture manufacturing in India is about 20-25% higher than China. Based on the below factors within furniture cluster cost of furniture manufacturing in India will be reduced by 30% and we will be at par or competitive with Chinese furniture cost.
Cost of Components reduced drastically because of high volume and productivity.
Reduction in logistic cost as all the raw material will be available in the cluster
Reduction in Labour cost due to repeated work and Bulk orders
Scalability results into higher automation and reduction into overall production cost
Bulk Purchase of raw material attract the vendors to stay close with requisite inventory
Due to Just in time, ordering and carrying cost of inventory will reduce
Availability of Warehousing facility
Improvement in quality due to mass manufacturing
It is based on an historical and trusted Indian system of “Mandi” which creates an ecosystem that results into reduction in each and every component of the cost involved.
Available of common infrastructure facilities resulting into reduction of infrastructure cost for all industries in the cluster.
Highlights of Proposed common facility within Cluster
Warehousing for raw material suppliers within cluster.
Rental spaces for Production, Logistics, warehousing, support activities, Retail and workers residential to support start up units to start business with minimum investment and to become more competitive.
Addressing common issues, like, Electricity, water, hazard management etc. commonly.
Logistic Hub within the cluster.
Development of exhibition center, design collage and skill development center within cluster.
Provision for star Hotels within Cluster for stay of national and international guest visiting cluster.
Design, Production and marketing assistance within cluster with help of NID, IIT and IIM.
Inviting big brands like IKEA, Amazon etc. to source furniture from cluster or to develop OEM within cluster as per their requirements.
Fire station
BIFMA standards testing lab within cluster.
Creating world class infrastructure within the cluster to create world-class impression and long term sustainable growth.
Bank