Advertisement
Co Presented By
Co Presented By

IKEA plans to invest Rs 3,000 crore for new fulfilment centres in next three years

Swedish furniture and home accessories company IKEA plans to invest nearly Rs 3,000 crore in the next three years to open three fulfilment centres (packing warehouses) in Mumbai, Bengaluru and Delhi.

Advertisement
|Oct 05, 2018, 19:53:48 IST
Hyderabad: Swedish furniture and home accessories company IKEA plans to invest nearly Rs 3,000 crore in the next three years to open three fulfilment centres (packing warehouses) in Mumbai, Bengaluru and Delhi. [caption id="attachment_4386551" align="alignleft" width="380"]Representational image. Reuters

Representational image. Reuters[/caption]The company would open the centres as an omni-channelling brand with large IKEA stores, city centre stores and online presence, deputy country manager (Management) of IKEA India Patrik Antony told PTI here on Friday. IKEA is set to open its second store in Mumbai later this year, and would hold a ground-breaking ceremony on 11 October in Bengaluru, he said. The next store would be in Delhi, he pointed out. By 2025, there would be over 25 stores across cities such as Ahmedabad, Surat, Pune, Chennai and Kolkata with both online and offline approaches, he said. On purchasing strategy of IKEA India, Patrik said there were over 50 suppliers in the country.

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Oct 05, 2018, 19:53:48 IST
Advertisement
Advertisement
Advertisement
Advertisement
Up Next