IKEA marks its Indian Market entry with big plans

September 16, 2016

The world's biggest furniture retailer, IKEA is set to enter the Indian market with their first official store in Hyderabad. The store will cover an area of around 4 lakh sqft and is expected to be ready by the autumn of 2017. Around 7500 home furnishing products will be featured in this huge store.

The store will also consist of a supervised children’s playing area for the visiting people and a special day care service for the co-worker’s children. The store is expected to offer a parking space for around 2000 vehicles and a restaurant with around 1000 seats. The restaurant will serve both Indian and Swedish dishes.

IKEA is expected to bring along a large amount of employment opportunities with them for the Indian citizens. The company will be hiring around 500 direct co-workers and about 1500 more will be needed for providing different services around the store.

The company has also initiated a campaign called ‘Disha’, a skill building project, under which about 1 million women employees will be trained over the coming 10 years, who will be employed by the store itself eventually. The CEO, Juvencio Maeztu insisted that the company is committed towards hiring around 50% women for their workforce.

September 16, 2016

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