Meet the Mumbai family that built a Rs 25 Cr business by bringing German luxury kitchen brands to India
In 1998, while visiting Japan, Hamendra and Rati Sharma would walk to the train station every day and see a store by Poggenpohl, a leading German kitchen brand.
Captivated by the luxurious designs on display, inspired the couple to start a business that would bring luxury and modular kitchens to India.
The duo made this dream a reality in 1998 by starting SIS Imports in Mumbai, bringing Poggenpohl to the Indian market. In 2015, the business was rebranded to Plusch, and is responsible for introducing several German luxury kitchen, wardrobe and furniture brands to India.
Their daughter Sukriti Sharma, who is a partner at Plusch, tells SMBStory, “Not many people believed in my parents’ dream because no one felt there was a market for luxury kitchens [in India]. But we pioneered the movement and brought brands like Poggenpohl, Eggersmann, and Beckermann for kitchens; Interluebke and Schmalenbach for wardrobes; and COR, Draenert, and Walter Knoll for furniture.”
She claims that Plusch is presently raking in an annual turnover of Rs 25 crore, and has 80 employees across India.
Enduring a difficult start
Originally from Kanpur, both Hamendra and Rati grew up in families that dealt in the manufacturing business. While Hamendra’s father was in the steel business, Rati’s father worked in the plywood industry.
To start SIS Imports, the couple got their initial investment from their families and took up a small kitchen design store in Mumbai on rent, and imported the kitchen displays and appliances for Rs 25 lakh.
At a time when luxury kitchens were almost unheard of in India, it was unsurprising that not everyone took kindly to the business.
“People would enter the showroom in Mumbai and hurl abuse at my parents for selling a kitchen as expensive as a house