IKEA to spend Rs 30 bn for 3 fulfilment centres in Mumbai, Bengaluru, Delhi

IKEA is set to open its second store in Mumbai later this year and would hold a ground-breaking ceremony on October 11 in Bengaluru

IKEA had last month launched its first Indian outlet here which also has a 1,000-seater restaurant
IKEA had last month launched its first Indian outlet here which also has a 1,000-seater restaurant
Press Trust of India Hyderabad
Last Updated : Oct 06 2018 | 12:00 AM IST

Swedish furniture and home accessories company IKEA plans to invest nearly Rs 30 billion in the next three years to open three fulfilment centres (packing warehouses) in Mumbai, Bengaluru and Delhi.    

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 Friday. 

IKEA is set to open its second store in Mumbai later this year, and would hold a ground-breaking ceremony on October 11 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. 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 05 2018 | 6:25 PM IST

Next Story