India to get second Ikea retailer in Navi Mumbai on Friday

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India to get second Ikea retailer in Navi Mumbai on Friday

Ikea, the world’s largest furnishings retailer from Sweden, on Thursday mentioned it can open its second retailer within the nation in Navi Mumbai on Friday. The brand new retailer is its first massive format retailer in Maharashtra, spanning over 5.three lakh sq ft and located close to the Turbhe native railway station and shares over 7,000 residence furnishing merchandise.

Peter Betzel, CEO and chief sustainability officer at Ikea India instructed reporters that Mumbai is the primary omnichannel marketplace for them.

“We stay invested and dedicated to India and stand for the long-term,” he mentioned at convention name asserting the shop launch.

The Navi Mumbai retailer will home the biggest youngsters’s space ‘Småland’ in Ikea globally, together with considered one of its largest 1,000-seater eating places with virtually 100 per cent locally-sourced meals vary, the corporate mentioned.

Betzel reiterated Ikea’s deliberate funding of Rs 6,000 crore by 2030, by when it goals to satisfy 25 million folks in Maharashtra.

The brand new retailer will present over 6,000 jobs, of which 50 per cent shall be girls.

Ikea India opened its first retail retailer in Hyderabad in August 2018, adopted by on-line shops in Mumbai, Hyderabad and Pune.

It’ll open two smaller format shops in Mumbai in 2021.

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