IKEA is launching its first India Store at Hyderabad on July 19, 2018

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Swedish furniture maker IKEA is launching its first store at Hyderabad on July 19, 2018. According to company spokesperson, it aims to reach 200 million customers in India in the next three years and there would be 1,000 direct and 1,500 indirect employments at the store and 50 per cent of them would be women.

The Hyderabad store has come up with an investment of Rs 1,000 crore, and having a 1,000- seater restaurant which is IKEA’s largest in over 400 stores it has globally.

Going ahead, the company will launch stores in Mumbai, Bangalore, Delhi-NCR, Ahmedabad, Surat, Pune, Chennai and Kolkata.

IKEA India, part of the IKEA Group, has been present in India for 30 years, sourcing many different products for IKEA stores worldwide. And work with 48 suppliers in India, engaging 45,000+ direct co-workers and approximately 400,000 coworkers in our extended supply chain.

 

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