Hotline: 1800 102 2007
X
Search Business Opportunities
Oct, 06 2018

IKEA looks to invest Rs 3,000 crore for opening 3 new centres

The company will launch these centres in Mumbai, Bengaluru and Delhi.

In order to open three new fulfilment centres (packing warehouses), IKEA, a Swedish furniture and home accessories firm, is looking to invest nearly Rs 3,000 crore in the next three years. The company will launch these centres in Mumbai, Bengaluru and Delhi.

Patrik Antony, Deputy Country Manager (Management) of IKEA India, said that the firm would open the centres as an omni-channelling brand with large IKEA stores, city centre stores and online presence.

"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. The next store would be in Delhi," he added. 

The home furnishing company will have more than 25 stores by 2025. These stores will be spread across cities like Ahmedabad, Surat, Pune, Chennai and Kolkata with both online and offline approaches.

Comment
Related opportunities
  • Juices / Smoothies / Dairy parlors
    About Us: We are likely to bring about a revolution in..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 35
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • About Us: English Pillars Edu Comp is a registered ISO certified..
    Locations looking for expansion Punjab
    Establishment year 2002
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Amritsar Punjab
  • Pets – A Booming Industry for you to start a..
    Locations looking for expansion Gujarat
    Establishment year 2011
    Franchising Launch Date 2014
    Investment size Rs. 30lac - 50lac
    Space required 1000
    Franchise Outlets 20-50
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • Quick Service Restaurants
    About Us: Largest and the only Pizza takeaway brand having 100+..
    Locations looking for expansion Delhi
    Establishment year 2000
    Franchising Launch Date 2007
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities