01 June 2022, Mumbai:
IKEA India will expand its retail footprint by opening a new store in Bengaluru. To be connected to the Nagasandra metro station, the store will be accessible to many people in Bengaluru.
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Jesper Brodin, CEO, Ingka Group, the parent company of IKEA met Basavaraj Bommai,Chief Minister, Karnataka at the World Economic Forum Meet in Davos, Switzerland and held discussions in the backdrop of the store-opening.
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They discussed issues related to the extensive use of bamboo and other locally available raw materials to make furniture for the store. The store would IKEA's third in the country after Mumbai and Hyderabad.
Spread across 5 lakh sq. ft. the Bengaluru store would employ 800-1000 direct workers and another 1,500 indirectly providing services such as assembly and delivery. The store is expected to attract more than 70 lakh visitors a year.
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