Danube Building Materials, a leader in construction, building materials and shop fitting industries, has opened its first ‘Danube Buildmart’ branch in India.

The Dh10 million, 6,000 sq ft retail facility at the Oberoi Mall in Mumbai marks the company’s 20th global store.

At present, there are a total of nine ‘Danube Buildmart’ branches in operation, as a result of the company’s Dh200 million expansion plan to grow its flagship retail brand to a total of 16 branches by the end of 2010.

Danube will be bringing its high quality products to the Indian market, including its high-end sanitary ware, chandeliers, wallpapers, parquet flooring, curtains, carpets, ceramic floor, wall tiles, home décor and a host of lifestyle products. In addition, free in-house home interior designing consultancy services will be made available for customer within the new branch.

“We are very excited with the opening of our Buildmart branch, which not only represents our initial foray into India but also poses excellent opportunities given the Indian economy’s rapid growth and strong consumer market,” said Rizwan Sajan, chairman, Danube Building Materials. “This milestone underlines the success of our massive expansion plan, and sets a precedent to our future investments in other progressive markets across the globe. After the launch, we will be undertaking steps to entrench our presence further into other GCC construction hotspots, including Abu Dhabi in the UAE, Saudi Arabia, Bahrain and Oman.”

In addition to the new facility in India, other global Danube retail facilities are in the UAE, where 15 branches are located, Oman (two), one each in Bahrain and Saudi Arabia, in addition to procurement offices in China and Canada. The company has also invested Dh50 million in a new 1.3 million sq ft manufacturing facility in TechnoPark, which will be functional by early 2011. – TradeArabia News Service