IKEA Makes Ecommerce Presence In Bengaluru, Plans To Open Its Physical Store In Future
- ByStartupStory | June 17, 2021
Leading home furnishing retailer headquartered in Sweden, IKEA makes ecommerce presence in Bengaluru and a mobile shopping app. It also plans to open its physical store in Bengaluru within a year, as it looks to have an presence throughout the country. The retailer opened its first retail store in Hyderabad in August 2018, and one in Navi Mumbai in December 2020 and has a presence in Pune, Ahmedabad, Surat, and Vadodara.
Peter Betzel, CEO and CSO, IKEA India said egarding the recent development of IKEA makes ecommerce presence in Bengaluru, “Karnataka is a very important market for IKEA and Bengaluru is one of the largest home furnishing market in India. We will bring a complete omnichannel offer to the market and are excited to take the first step now with the launch of our ecommerce channel and meeting the many people in Bengaluru with their aspirations and dreams for a better life at home.”
The presence of IKEA in Karnataka is expected to create employment opportunities, enable skill development and usher in best practices in the retail sectorIKEA has been sourcing from India for over 35 years with close to 50 suppliers, 45,000 direct employees and 400,000 people in the extended supply chain in India producing for its stores worldwide.
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