Hindustan Times ST (Jaipur)

Ikea opens ₹100crore distributi­on centre in Pune

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MUMBAI:

Swedish 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 has 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, the manager, distributi­on operations at Ikea India, said. “We are also scouting for more land in Maharashtr­a to build our own warehousin­g facilities over the next two to three years, and have earmarked an outlay of ₹750 crore for this,” he said.

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