ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Ikea's first Indian store to open in Hyderabad in July

Restaurant to offer biryani and samosas, but Swedish meatballs are off menu

A customer takes a nap at an Ikea store in Beijing, China.   © Reuters

NEW DELHI -- Six years after announcing its ambitious long-term goal of opening 25 outlets in India, Swedish furniture group Ikea is ready to launch its first store next month, in the southern city of Hyderabad. It will offer affordable home furnishings and an in-house restaurant serving local delicacies -- but not the company's regular meatballs.

Ikea has invested close to 10 billion rupees ($147.4 million) in its Hyderabad store, and recruited about 1,000 people, half of them women, an Ikea India spokesperson told the Nikkei Asian Review on Friday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more