Media Dialogues with Storyboard18: Duroflex's growth journey

Storyboard18's editor Delshad Irani caught up with Duroflex MD Mathew Chandy & Group CEO Sridhar Balakrishnan on plans to ride India's booming sleep economy.

By  Storyboard18| Dec 13, 2023 11:16 AM
In frame - Duroflex MD Mathew Chandy & Group CEO Sridhar Balakrishnan.

Mathew Chandy, CMD and Sleep Evangelist of Duroflex, in an exclusive interview on Media Dialogues, unveiled the company's ambitious plans, with a particular focus on its impending listing.

Chandy underscored the significance of a balanced mix of promoters and professionals for sustained business growth across generations.

"One of our early goals was to transcend beyond our third generation. I've always believed that the synergy between promoters and professionals is essential for scaling a business, especially across multiple generations. With the business witnessing a tenfold growth in the last decade, the inclusion of Sridhar Balakrishnan marks the next strategic move towards professionalising our operations, clearly demarcating ownership and management," Chandy said.

Sridhar Balakrishnan, Group CEO of Duroflex, spoke on the changing landscape of consumer preferences in India.

Balakrishnan noted, "The income levels are rising across India, and if one were to look at big consumers in the last few years, there has been a radical shift in the consumer orientation towards the health of which sleep is an integral part. So the way we look at it is that this category is certainly a tailwind category which is likely to see a lot of action in coming times."

Listen in.

First Published onDec 13, 2023 11:16 AM

SPOTLIGHT

How it WorksMIB’s Ashwini Vaishnaw at Storyboard18 DNPA Conclave: Govt working for fair compensation for media houses

At the Storyboard18 DNPA Conclave 2025, Union Minister Ashwini Vaishnaw spotlighted the critical role of traditional media in an evolving digital landscape. He emphasized that such gatherings can aid the govt in formulating more effective policies for a balanced and sustainable media ecosystem.

Read More

IN PHOTOS: At Global Pioneers Summit, visionaries chart the future of business and creativity

From the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.