September 28, 2021
Industria Innovations, a leading strategic partner for retailers with multi-category product offerings, is pleased to announce it placed No. 215 on the 2021 Report on Business ranking of Canada’s Top Growing Companies.
Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Industria Innovations earned its spot with three-year growth of 190%.
Industria Innovations is a multi-category textiles and home décor manufacturer that provides curated solutions for retailers and brands. With an in-house design team and production facilities in Western Canada and the GTA, Industria Innovations is one of Canada’s leading brands behind the brands customers see every day on store shelves.
“We’re thrilled to be included in this year’s ranking of Canada’s Top Growing Companies,” says Sumit Mahajan, CEO and founder of Industria Innovations. “The last year and a half have been challenging ones for many in our industry, and we’re very proud of how our team and our partners have pulled together to continue exceeding expectations and delivering incredible products and solutions.”
Sumit credits much of Industria’s growth in the last three years to his company’s focus on providing solutions to clients that come from a culture of continuous learning and innovation. “Our clients know that we bring our A-game to every project, and that we have their backs when it comes to successful product launches.”
Launched in 2019, the Canada’s Top Growing Companies editorial ranking aims to celebrate entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada. It is a voluntary program; companies had to complete an in-depth application process in order to qualify. In total, 448 companies earned a spot on this year’s ranking.
The full list of 2021 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—out now—and online.
“As we look toward the future, Canada’s Top Growing Companies offer both inspiration and practical insights for other firms facing similar challenges,” says James Cowan, Editor of Report on Business magazine. “The entrepreneurs behind these companies are smart, tenacious and unwavering in their commitment to their goals.”
“Any business leader seeking inspiration should look no further than the 448 businesses on this year’s Report on Business ranking of Canada’s Top Growing Companies,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers.”
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.4 million readers every week in print or digital formats, and Report on Business magazine reaches 2 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
About INDUSTRIA INNOVATIONS
Founded in 2015 by Sumit Mahajan, Industria Innovations has quickly become one of the most innovative and trusted textile and home décor manufacturers in Canadian retail. With a fully in-house design team and an extensive, 80,000 square foot manufacturing facility in the Toronto area, Industria Innovations works with local and global partners to develop, produce, and deliver product-based solutions to retailers of all sizes.
With a strong culture of entrepreneurship and true partnership, Industria Innovations has developed programs for almost every major retailer in Canada. In addition, through its InMarket by Industria program, Industria Innovations supports small retailers by providing exclusive, high quality textile and home décor products designed for local markets.
In addition to curated solutions and off-the-shelf products, Industria Innovations also offers extensive contract manufacturing and merchandising and logistics solutions. Its high-tech, automated eCommerce fulfillment centre in Milton, Ontario, provides omni-channel drop shipping capabilities to online fulfillment partners across Canada and the United States.
For more information, visit IndustriaInnovations.com