In 2017 year IKEA opens its first store in India Hyderabad. This is a huge area shopping center, in the usual style of IKEA, including a restaurant and a playground. Opening is expected in the second half of the year 2017. At the moment, as potential locations of shopping centers the company also deals with cities such as Delhi, Mumbai and Bangalore. In the long term to 2025 year India It will 25 stores.
Meanwhile, the first steps construction The IKEA shopping center in India has already begun, according to the President’s statement on retail trade in the Asia-Pacific region. It is expected that the IKEA stores in India will be one among the most visited in the world, and so the company is preparing for what will need to adjust the dining area in a big way and increase the number of seats to suit the number of visitors to the store.
Expected that IKEA Stores India will be one among the most visited in the world, and so the company is preparing for what will need to adjust the dining area in a big way and increase the number of seats to meet the estimated number of visitors to the store.
When it will be completed building IKEA store in Hyderabad, plans to open stores in Delhi, Mumbai and Bangalore. The range of goods for sale in the store will be chosen according to the tastes and needs of the location of the region. Speaking about the speed of IKEA in India, the company conducts similar to China, where IKEA has come 15 years ago and now opens a magazine each year 3. It is possible that in India development the company will be even more rapid, over 5-year period is expected to achieve the same results as in China.
The main issues before making a decision on the development of IKEA in India have access to raw materials and cooperation with entrepreneurs. According to forecasts, investments the project will be about 300 million euros.