Retail sector projects by Ikea Trading India Pvt Ltd in Multi Location
Project Information
7099
Ikea Trading India Pvt Ltd
Swedish furniture retailing giant IKEA on Tuesday signed a memorandum of understanding with Haryana government and said it will invest an estimated Rs 2,000 crore to open its stores in the state.
"IKEA India today inked a memorandum of understanding (MoUs) with the state of Haryana as a major step forward towards establishing retail stores in the state. IKEA will invest an estimated Rs 2,000 crore for its retail expansion in Haryana, will employ about 1,000 co-workers directly and engage around 3,000 more for providing services such as furniture assembly, delivery services among others," the company said in a statement.
"Haryana is a prioritised state for IKEA due to its open investment climate...IKEA will set up retail stores to bring high quality, functional home furnishings with affordability and design for the many people," IKEA India CEO Juvencio Maeztu said.
IKEA said it sees India as an important future market and is evaluating different sites in the prioritised states of Delhi-NCR, Bangalore, Mumbai and Hyderabad.
Project Value
INR 2000 Crore /-
MoU Signed
Multi Location
Multi State
India
Retail
Disclaimer :
We takes all possible care for accurate & authentic tender information, however Users are requested to refer Original source of Tender Notice / Tender Document published by Tender Issuing Agency before taking any call regarding this tender.
