In a first, IKEA To Set Up Store-anchored Mall In Noida
World's largest furniture retailer IKEA has revealed plans to open its first shopping centre in India following a 48,000-square-metre plot acquisition in Noida. Unlike its previously installed stores in Hyderabad and Mumbai, the upcoming Noida site would be a mall anchored by an IKEA store. Reportedly, Ingka Centres, which owns 45 IKEA store-anchored malls worldwide, will invest around Rs 55 billion in the Noida project.