First IKEA In-Mall Shop Opens At R City In Mumbai
Swedish home goods retailer IKEA launched its third shop in Mumbai, at R City Mall on July 28. It is the first store in a shopping mall. According to company's official statement, "Customers will be able to place orders for over 5,000 products that will be delivered to them, and they can buy 2,000 products directly from the stores." It will offer 15-room sets… read-more
Tags: IKEA, Mall, Mumbai, in-mall store, R city
Courtesy: India today
Tesla Is Looking For Brand Avenues In India, Says Report
Tesla is hunting for a single-brand retail avenue in India to set up its center, following the footsteps of Apple & Ikea. Based on the FDI norm, any company with 51% foreign ownership must source 30% value goods from India. Besides, the center has approved the import of four Tesla vehicles. However, high import prices, high electric-vehicle import duties make the road bumpy for Tesla.
Tags: Tesla, India, Elon Musk, FDI, Apple, IKEA
Courtesy: Deccan Herald
IKEA Launches Mobile App For Indian Customers To Shop Home Furnitures
Swedish furniture company IKEA launched its mobile app for both android and iOS on May 27, in-order to reach its Indian customers amid the pandemic induced lockdown. With home delivery its main agenda, the app will provide services in Mumbai, Pune, Hyderabad, Ahmedabad, Surat and Baroda with over 7,000 home furnishing products. Reportedly, the company aims to reach 100 million people in another few years.
Tags: IKEA, India, furniture, Mobile app
Courtesy: Free Press Journal
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.
Tags: IKEA, furniture, Noida, Delhi, Mall, Hyderabad, Mumbai
Courtesy: LiveMint