Swedish-home furnishing maker Ikea plans to open its sole distribution centre in Pune by the end of 2017. The one lakh-square feet warehouse will supply Ikea products to all its upcoming stores in the country. The company, which expects its first India store in Hyderabad with a restaurant to be operational by early 2018, targets opening 25 such stores.

Pune’s strength as a strategic warehousing region will help the company supply goods to its stores across India at relatively cheaper costs, a leading Indian business daily quoted Ikea India deputy country manager Patrik Antoni as saying.

The nearly 4 lakh-square feet store in Hyderabad will also house Ikea’s largest in-house restaurant with a seating capacity of 1,000 serving both Indian and Swedish cuisines.

In Bengaluru, the company has got full access to the land for the project, while Antoni expects the construction to begin on a store in Mumbai by December. Delhi National Capital Region, Chennai, Pune, Ahmedabad, Surat and Kolkata are the other locations on target.

The company has a target of making locally 30 per cent of the volume of products sold in India by 2022. (DS)

Fibre2Fashion News Desk – India

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