Marvel Decor Limited — Updates, 03-02-2025: Press Release

Marvel Decor Ltd has officially launched Solis Motors designed for window automation, which complements its existing range of motorized blinds and curtains. These motors promise enhanced convenience, energy efficiency, and compatibility with smart home systems like Google Assistant and Amazon Alexa. In a market poised for growth, with the window coverings industry valued at approximately ₹3-4 lakh crore, Marvel aims to capture a 1% global market share over the next 7-8 years.

Additionally, the newly established experience center in Andheri West, Mumbai, targets interior decorators and architects, showcasing a comprehensive range of products. This initiative has garnered a strong response in its first 9-10 months, bolstering the company's competitive positioning and capacity for large-scale projects. Chairman & Managing Director Ashok Paun noted this strategic expansion as part of their goal to achieve ₹500-550 crore in revenue by 2030-31. Positive outlook as these developments align with the company's long-term growth strategies and market demands.