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IKEA opened first store in India with 37,000 m 2 (400,000 sq ft) in Hyderabad on 9 August 2018. [106] IKEA opened its second store in Navi Mumbai on 18 December 2020, [107] and its third outlet and first smaller format "city-store" in Worli, Mumbai on 9 December 2021. [108] IKEA plans to have 30 stores by 2028.
IKEA (/ aɪ ˈ k iː ə / eye-KEE-ə, Swedish:), is a multinational conglomerate founded in Sweden [6] [7] that designs and sells ready-to-assemble furniture, kitchen appliances, decoration, home accessories, and various other goods and home services.
Urban Ladder is an Indian omnichannel furniture and decor retailer that was founded in 2012 by Ashish Goel and Rajiv Srivatsa. Headquartered in Bangalore. [1] the company offers a wide range of furniture and home decor products through both online platforms and physical stores.
Get even better deals and feel good about making eco-conscious purchases with the retailer's new service.
He claimed that IKEA's decision reflects India's requirements that single-brand retailers such as IKEA source 30 percent of their goods from local small and medium-sized companies. This was an obstacle to IKEA's investment in India, and that it will take IKEA some time to source goods and develop reliable supply chains inside India.
Pepperfry Limited, formerly known as Pepperfry, is an Indian online marketplace for furniture and home décor. [3] The company was founded in July 2011 by Ambareesh Murty and Ashish Shah, and is headquartered in Mumbai. [4] As of 2023, Pepperfry has 43 company-owned studios and 142 studios operating under its franchise model. [5]
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