Swedish furnishings retailer IKEA has revealed plans to open a retailer in Gurgaon within the Indian state of Haryana.
The $449.8m purchasing centre will cowl an space of round 130,000m². Building of the centre is scheduled to begin early subsequent yr.
Along with an IKEA retailer, it will characteristic areas for hospitality, meals and drinks and ‘edutainment’ studying.
To be developed below the retailer’s new Livat model, the centre will enable prospects to order items on-line and personalise their purchasing expertise amongst different services.
The mixed-used assembly place will likely be developed by Ingka Centres, part of IKEA’s mum or dad firm, the Ingka Group.
It will likely be Ingka Centres’ 52nd assembly place.
Ingka Centres managing director Cindy Andersen stated: “We’re on a journey to succeed in extra individuals by way of extra developments in additional markets.
“India is an thrilling alternative for us and our companions to carry new experiences to prospects and to develop assembly locations that carry worth to communities and the planet.
“We need to create locations that make it simpler for individuals to dwell even happier, more healthy and extra sustainable life – this will likely be our purpose at Gurugram.”
The shop will complement IKEA’s plans for a retailer in Noida, Uttar Pradesh, which have been introduced earlier this yr.
It’s anticipated to serve 20 million individuals a yr and create greater than 2,500 jobs.
IKEA India CEO and chief sustainability officer Peter Betzel stated: “We’re completely satisfied to announce our IKEA retailer in Gurugram along with Ingka Centres.
“India is an thrilling nation for IKEA, and we now have a long-term dedication to succeed in the many individuals with our omnichannel strategy.”
IKEA opened its first Indian retailer in 2018 in Hyderabad.
Final September, the corporate introduced plans to develop a ‘international hub‘ within the metropolis of Bengaluru.