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IKEA to infuse Rs 3,000 cr in Karnataka

Wednesday, 22 Jun 2022
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IKEA has launched fourth Indian store in Bengaluru, Karnataka. It currently has one store in Hyderabad and two stores in Mumbai. 
The company has planned a cumulative investment of Rs 3,000 crore in the state, including the Bengaluru store. It expects five million shoppers at the newly launched store. 
The 4,60,000 sq ft store is spread over 12.2 acre of land parcel. It will feature over 7,000 well-designed, affordable, quality, functional, and sustainable home furnishing products along with over 65 room sets for ideas and inspirations. 
Moreover, the store will also house one of the largest children’s play areas, ‘Småland’ along with 1,000 seater restaurant and a bistro. 
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