Ikea to open second Indian store in Navi Mumbai on December 18

Topics IKEA | Navi Mumbai | Furniture

Ikea's store in Hyderabad. Photo: Bloomberg

World's leading home furnishings retailer IKEA will open its second store in the country at Navi Mumbai on December 18.

The over five lakh sq ft store would be the second store for IKEA in India after Hyderabad, where it had opened its first store in August 2018.

In a bid to provide a safe shopping experience during COVID times, the Swedish retailer is taking extra precautions for its new store located on the Thane-Belapur Road, a company statement said.

IKEA said it is taking a number of extra precautions from its global best practices and relevant learnings from its Hyderabad operations.

Moreover, to ensure good social distancing, IKEA will initially have a cap on the number of visitors to the store through prior registration on its website, by which customers will be allotted a day and time slot to visit the store.

"We are very excited, as Mumbai is one of our priority markets in India. We have been present online in Mumbai since early 2019 and soon the many people of Mumbai will be able to shop at our fantastic IKEA store," IKEA India CEO & Chief Sustainability Officer Peter Betzel said.

The store in Navi Mumbai will be employing close to 1,200 coworkers out of which 50 per cent are women. 40 per cent of its staff are from the Navi Mumbai area and 70 per cent of its support staff mainly housekeeping and security are from in and around Turbhe and Ghansoli, the statement added.

"With our long-term commitment to Maharashtra we will create 6000+ jobs by 2030 of which 50 per cent will be women," Betzel said.

"IKEA's further expansion with its Navi Mumbai store will create a positive impact in many ways growing the home furnishings retail and manufacturing sector, creating more jobs, skill development and logistical development in the state. The local community will highly benefit from IKEA's presence. Welcome to Maharashtra," Maharashtra Industry Minister Subhash Desai added.

IKEA India, part of Ingka Group opened its first retail store in Hyderabad in August 2018, followed by online stores in Mumbai, Hyderabad and Pune in 2019 as part of its multichannel approach.

Ingka Group is a strategic partner in the IKEA franchise system, operating 378 IKEA stores in 30 countries. Ingka Group has three business areas: IKEA Retail, Ingka Investments and Ingka Centres.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel