Dubai’s Danube Home to set up shop in Hyderabad
Danube Home, part of Dubaibased Danube Group, on Tuesday announced its plans to enter Hyderabad by October 2018 by setting up its first home...
Hyderabad: Danube Home, part of Dubai-based Danube Group, on Tuesday announced its plans to enter Hyderabad by October 2018 by setting up its first home furnishing store in India in the City of Pearls. The home furnishing retailer will establish ten large format showrooms, a large logistics hub, transport network and associated facilities in the next five years.
“Danube Home is a great mix of international collection of home improvement & furnishing products retailed at unbelievably great prices. Our motto is to make the customer life time value ever cherishing and ensure greater engagement with the brand. Danube Home’s expansion in India shall fix a widening gap in the quality branded home furnishing solutions industry – something that the middle class, dual income group, upwardly mobile professionals, young couples and high net worth families, shall always enjoy flaunting in their homes,” Adel Sajan, Director, Danube Group, said in a statement.
The Dubai-based brand has already taken commercial space on lease in Hitec City area and is likely to invest Rs 40 crore on the new store here. “Our decision to enter the Indian market comes at the right time and we believe, we are in a better position to serve the urban India. Danube Home has created a niche in the home improvement market in the GCC region by catering to the demand of diverse nationalities.
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,” he added. Average store size of a Danube Home in India will range around 60,000 square feet of showroom space that will help India’s upwardly mobile young couples, small families and professionals to spend time in selecting products, enjoy shopping experience with fully air-conditioned environment, ample parking space, product loading and delivery space, as they plan to decorate their homes with space-saving and cost-effective furnishing solutions from Danube Home’s 25,000-strong product range made available under one roof.