IKEA buys land in Hyderabad, moves closer to opening India store
IKEA, world's largest furniture retailer, today said it has purchased its first land in the country in Hyderabad, moving closer to its plan of setting up 25 stores in India at an investment of Rs 10,500 crore over the next decade.
Jul 10, 2015, 14:04 PM IST
IKEA's first India store in Hyderabad
IKEA India on Wednesday signed a Memorandum of Understanding (MoU) with the Telangana government for opening the store.
Sep 24, 2014, 17:43 PM IST
Ikea to invest $500 mn more in India, eyes 25 stores in 10 years
The new stores, each needing investment of around Rs 500 crore, will come in the cities like Mumbai, Delhi, Hyderabad and Bangalore.
Sep 17, 2014, 21:43 PM IST
