Ikea opens ₹100crore distribution centre in Pune

MUMBAI: Home furnishing major Ikea has opened a ₹100-crore distribution centre in Pune, and is also scouting for land in Maharashtra to build more facilities at an investment of ₹750 crore, a senior company executive said. “We have opened a 2.3 lakh sq ft distribution centre in Pune, on leased land and have pumped in ₹100 crore into this. We will expand this to 3.7 lakh sq ft by next year,” Bimal Patel, manager, distribution operations, Ikea India, said.