Chairman’s Message

November, 2018

Responsive Industries is the number one vinyl flooring manufacture in India with ambition to become top three globally. Vinyl flooring is already a U$15 billion global business and growing at a CAGR of 5-7% annually. We are on a transformational journey that will take us to a US$1 billion company in 4 years. We have state-of-the-art manufacturing, world-class distribution, advanced technical know-how, a trusted brand, talented people, and 30 years of experience.

Responsive is a well established brand for many of the world’s leading architects and our vinyl flooring has been used in 5,000+ projects. Advanced environmental features such as phthalate-free chemistry, fully recyclable materials, zero VOC emissions, LEED accreditation, membership of US Green Building Council, and certification from California’s Floorscore for Indoor Air Quality make Responsive Vinyl Flooring an easy choice.

Our vinyl flooring rolls are used in many B2B segments such as healthcare, education, hospitality, sports, industry, commercial, offices, retail, bus, railways, and public buildings. Our modular luxury vinyl tiles are used in B2C segments such as apartment buildings, flats, villas, farm houses, offices and small stores. They are also used in B2B segments like hotels, bars, lounges, libraries and similar commercial applications.

We have 100+ distributors that service each and every state in India. We are excited about the large potential of the Indian market with the huge private and public sector spend on critical infrastructure of healthcare, education, transport and sports. In addition, there are a vast number of hotels, retail, recreation, entertainment, and dining facilities being built across India. Combined with the growing need of buses, and the largest rail network in the world, the outlook on the Indian market remains very bullish. With wide scale adoption of vinyl flooring as the de facto choice, we expect exponential growth in the coming years.

Responsive is already a global player with sales to 65 countries worldwide. We clearly understand prevailing international standards and how to service customer needs from a wide variety of geographies. With a renewed focus on the European and US market, Responsive aims to grow our high value business at an accelerated pace to get a big boost in sales while maintaining healthy EBIDTA margins.

In conclusion, I would like to thank all our stakeholders for their unconditional support in helping Responsive grow. I would like to acknowledge the invaluable contribution of all our employees who work tirelessly towards the common goal of making Responsive the number one vinyl flooring company in the world.

 

Rishabh Agarwal