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The world’s largest furniture and furnishings retailer that started producing self-assembly furniture in bulk in 1943 is planning to come to Gujarat. Currently, IKEA has decided to invest more than Rs. 10,500 Cr in the Indian furniture market and has the vision to open more than 25 stores by 2025.
A store that sells reasonable and fit furniture to luxurious home décor, IKEA is currently searching for ideal locations for stores at Tamil Nadu, Gujarat, Bengaluru and Delhi-NCR. IKEA is planning to help in generating a lot of job opportunities as it plans to hire 500-700 employee co-workers and 1500 individuals that can provide outdoor services around the store. The furniture giant has also promised to employ 50 percent women within its staff. IKEA has already planned to invest Rs. 700 Cr in its Navi Mumbai store which will be operational maximum by 2018.
IKEA is a Swedish Home furnishings company founded by Ingvar Kamprad in 1943 in Småland in southern Sweden. Pioneers of the ‘Democratic Design’ concept, IKEA has been able to sustain innovation over decades of existence.
For home designers and architects IKEA is the ‘go-to’ destination for furniture and furnishings that blends style with utility. A fully operational IKEA is a welcome development in the Indian Furniture and Furnishings market.
Source: Divya Bhaskar Newspaper
Aug 20, 2019
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