IKEA News of the world
IKEA access to the Indian market is planned for the year 2018
Date of publication: .
Finally, the people of India will be able to shop at IKEA stores, which will open in towns Navi Mumbai и Hyderabad. According to the newspaper Economic Times, for the first time this statement was made by Jesper BrodinOne of the managing directors of IKEA. Recall that the company has received permission to investment in the construction of its stores in India as early as the year 2013, referring to the Indian Council for Promotion of Foreign Investment.
As a "long-playing" plans Swedish manufacturer describes the discovery in India 25 stores, which will invest more than half a billion dollars. Transferring opening plans IKEA stores in India because 2017 year for the company was very difficult in the area of sales, helped by the change in consumer behavior.
By 2020 year they will also be established from the supply of goods Indian suppliers in IKEA stores. Now the total supply is 350 million dollars, but it will be doubled.