Financial Daily from THE HINDU group of publications
Friday, Apr 08, 2005
Financial Daily from THE HINDU group of publications Friday, Apr 08, 2005 |
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Marketing
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Retailing Ikian Furnitures plans 10 stores in two years Our Bureau
Chennai , April 7 THE Bangalore-based Ikian Furnitures Pvt Ltd plans to open 10 Kian stores in two years, Mr Ramesh Dugar, CEO, Ikian Furnitures, has said. Currently, the company has a store each in Bangalore, Mumbai and now Chennai. It has invested about $1.5 million in these stores. Ikian Furnitures imports furniture from Malaysia and China and showcases a large range of contemporary and colonial furniture. Mr Dugar said that the company plans to develop Kian as a furniture brand for the Indian market. Ms Namrata Dugar, Managing Director, speaking at the opening of the new store heresaid that a range of residential and contract furniture along with accessories such as soft furnishing, crockery and vases were on show. The company also has a large range of furniture solutions for cafes, bistros, restaurants, hotels and corporates. Mr Dugar said that in the long-term the company was thinking of manufacturing in India.
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