Stanley Lifestyles has appointed Abhijeet Sonar as Chief Executive Officer, signalling a decisive push to scale its premium furniture business in India’s fast expanding luxury segment, estimated to grow above 10% annually. The company aims to strengthen its position in the high value home solutions market, where demand is driven by rising disposable incomes and urban premiumisation.
Sonar brings over 27 years of cross sector experience spanning luxury, hospitality, aviation and automotive. Industry data shows India’s luxury furniture market is expected to surpass US$ 3 billion by 2027, creating strong headroom for design led brands. Stanley plans to leverage handcrafted manufacturing, globally sourced raw materials and bespoke design capabilities to differentiate itself in a fragmented market.
The leadership focus remains on scaling without diluting craftsmanship, while enhancing consumer experience through curated collections and customisation. The strategy aligns with a shift toward emotionally driven purchases, where furniture is increasingly seen as a long term lifestyle investment.
Sonar brings over 27 years of cross sector experience spanning luxury, hospitality, aviation and automotive. Industry data shows India’s luxury furniture market is expected to surpass US$ 3 billion by 2027, creating strong headroom for design led brands. Stanley plans to leverage handcrafted manufacturing, globally sourced raw materials and bespoke design capabilities to differentiate itself in a fragmented market.
If you wish to Subscribe to Textile Excellence Print Edition, kindly fill in the below form and we shall get back to you with details.