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Danube forays into India market

Danube Building Materials has entered into the Indian market by opening its first Danube Buildmart branch in Mumbai. The 6,000 sq ft retail facility 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 retail brand to a total of 16 branches by 2010. The opening of our Buildmart branch, which not only represents the company’s initial foray into India but also poses excellent opportunities given the Indian economy’s rapid growth and strong consumer market. In addition, in-store signage players are among those who would be taping new business opportunity with the entry of the multinational player in the Indian retail sector.

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