Pantaloon plans Rs 100cr capex in IT infra

Pantaloon Retail (India) will invest Rs 100 crore in information technology over the next three years as part of its plans to revamp the IT infrastructure of the group and has entered into a partnership with business software solutions provider SAP for the purpose.

"To support our growth and maintain our competitive edge,
a robust and futuristic it infrastructure has been planned for
the next three years with investments of over Rs 100 crore.
Our strategic partnership with SAP, a world leader in business
software solutions provider is our first step in realising our
it vision," Pantaloon retail's chief financial officer Chinar
Deshpande said in a release today.

The IT plan of the company is for its lifestyle and value
retail businesses. As per the roadmap, SAP will implement its
Mysap business suite, SAP advanced planning tool for merchandise planning and SAP apparel & footwear solutions
which would be implemented across the organisation.

The Rs 100 crore investment for IT infrastructure revamp
will be mainly in the areas of hardware, software, business
connectivity infrastructure such as virtual private network,
video conferencing and skilled it manpower.

"The new cutting edge it infrastructure will help in serving our customers better, give us improved customer insights and add value to the business on the whole,"
Deshpande added.