When is ikea opening in india

The Hyderabad store has employees dedicated to assembling products for customers, a job that Ikea has also outsourced to external workers. Ikea has been sourcing material for its global operations from the country for around 30 years, but it was prevented from opening its iconic blue-and-yellow retail stores because of Indian restrictions on foreign investment.

Related: Uniqlo is entering India's booming retail market. Those rules have been relaxed, and Ikea is planning stores in Mumbai, Bangalore and a suburb of New Delhi in the coming years. The launch of the Hyderabad store was initially scheduled for mid-July but was postponed because of quality concerns.

When it did open on Thursday, the excitement among customers, workers and Ikea executives was palpable. Related: Ikea gives India employees six months paid parental leave. You are now subscribed to our newsletters. Things to Know Be Premium Future told to halt asset sale process. Subscribe to Mint Newsletters. Internet Not Available. Wait for it… Log in to our website to save your bookmarks. Yes, Continue. Wait for it… Oops! Auto Components. Products Durables. Energy Power. Services Advertising.

Sagar Malviya. Rate Story. Font Size Abc Small. Abc Medium. Abc Large. The Swedish retailer said during COVID times, it is taking a number of extra precautions from its global best practices and relevant learnings from its Hyderabad operations.

This includes initially having a cap on the number of visitors to the store through prior registration. Subscribe to ETPrime. Browse Companies:. Find this comment offensive? This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others.

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