Yes, Nasher Miles is an Indian brand. Established in 2017, the brand has quickly become a leading name in luggage and travel accessories, offering vibrant designs, innovative features, and reliable quality tailored to meet the needs of modern travelers.
Brand Information
| Brand Name | Nasher Miles |
|---|---|
| Founded | 2017 |
| Founders | Shruti Kedia Daga, Lokesh Daga, Abhishek Daga |
| Headquarters | Mumbai, India |
| Industry | Luggage and Travel Accessories |
| Product Categories | Hard-sided Luggage, Soft-sided Luggage, Backpacks, Kids’ Luggage, Travel Accessories |
| Popular Products | Nasher Miles Polycarbonate Luggage, Nasher Miles Backpacks, Nasher Miles Travel Accessories |
| Website | nashermiles.com |
Current Status
Nasher Miles is a significant player in India’s luggage market, recognized for its stylish and durable products. The brand has a robust online presence and is sold through multiple e-commerce platforms. It has also expanded into retail with over 1,000 stores across India. Nasher Miles gained further prominence in 2024 when it secured investments from all five judges on Shark Tank India Season 3, achieving a valuation of ₹200 crore.
Future Outlook
- Retail Expansion: Plans to establish exclusive retail stores and increase its presence in multi-brand outlets.
- Domestic Manufacturing: Targets 75% domestic production by the end of 2024.
- Revenue Goals: Aspires to achieve ₹600 crore in revenue by 2028 and capture a 10% market share across Indian e-commerce platforms.
Conclusion
Nasher Miles, an Indian brand, has swiftly carved a niche in the luggage and travel accessories industry with its focus on quality, innovation, and affordability. With ambitious growth plans and strong market positioning, the brand is well on its way to becoming a household name in India’s travel segment.
