The company is also planning to open ten large format showrooms, a large logistics hub, transport network and associated facilities in the next 5 years in the country.
Danube Home, part of Dubai-based Danube Group, has announced that it will be making its Indian foray by setting up its first store in Hyderabad by October 2018. The company is also planning to open ten large-format showrooms, a large logistics hub, transport network and associated facilities in the next 5 years in the country.
Jayesh Ranjan, Principal Secretary, Information Technology, Electronics and Communications (ITE&C) Department, Government of Telangana, said, "I would like to welcome one of Dubai’s top home improvement brands, Danube Home to Hyderabad. I am confident that the entry of Danube Homes in Hyderabad will further enrich the retail ecosystem in our state."
Adel Sajan, Director of Danube Group, said, "Danube Home’s expansion in India shall fix a widening gap in the quality branded home furnishing solutions. Our decision to enter the Indian market comes at the right time and we believe, we are in a better position to serve urban India. We are confident that the company is prepared to serve the urban Indian market where demand for such products and professional service is growing every day."
Shubhojit Mahalanobis, General Manager of Danube Home, said, "The brand's entry into the Indian market will take its products closer to the customers. Besides, our entry in the Indian market will not only create 1,500 direct employment but also support local industries that will benefit from our supply chain as we will deepen sourcing products from every nook and corner of India. This will also help us to create a greater demand for Indian designed home décor and home furnishing products and export them to other markets."