Wooden Street to expand warehouse capacity five fold

Leading furniture e-commerce WoodenStreet is planning to expand its warehouse capacity by fivefold to a total of 50 Lakh sqft in the next two to three years.

The company plans to invest around $5 million for this expansion, said a press release.

WoodenStreet recently launched its largest warehouse in Jodhpur with an area of more than 2.5 lakh sqft. Currently it maintains 20+ warehouses and distribution centres with a total area of 10 lakh sqft, added the release.

“At the core of this planned expansion—which sits at 50 lakh sqft—we have set afoot a larger drive of broadening our business at the grassroots level”, said Lokendra Ranawat, CEO of WoodenStreet.

“By augmenting our expansion to Make-in-India initiative, we plan to empower local artisans through our platform, enabling them to expand their trade horizons across the nation and making it easier for them to do business”, he added.

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