On April 26th, a massive fire broke out at the Bhiwandi warehouse of Euro Pratik Group—one of India’s leading decorative wall panel brands, headquartered in Mumbai. The company, known for its wide range of products including louvers, décor panels, laminates, and other interior solutions, suffered significant losses. Preliminary estimates suggest that materials worth several crores may have been destroyed in the incident.
Despite this unfortunate event, Euro Pratik demonstrated remarkable resilience and operational readiness. Speaking to The Ply Reporter, Mr. Pratik Singhvi, Director of Euro Pratik, emphasized on the company's strong supply chain infrastructure. “While the fire was a setback, I want to reassure our dealers and channel partners that supply will remain uninterrupted. We have substantial inventory already in the pipeline from our overseas partners, and our pan-India distributors currently hold surplus stock to meet immediate demand,” he said.
He further added, “Additionally, we are expecting a large shipment in the first week of May based on previously placed orders. This incoming stock will help us swiftly overcome the temporary disruption and maintain seamless operations.”
On the financial impact, Mr. Singhvi stated, “Although we are still assessing the exact extent of the damage, the losses are estimated to be in the range of several crores. However, with the unwavering commitment of our team and the solidarity of our partners, we are confident that Euro Pratik will quickly regain full momentum.