IKEA to hire 15 000 employees in India

IKEA to hire 15 000 employees in India

Meanwhile, IKEA's food manager for India, Henrik Osterstrom, said, "I am super delighted that finally, the store has opened, we were working on it since 2013".

It's their first store in India and they plan to build up 25 such stores by 2025.

The company is revising its investment plan, taking into consideration the country's economic growth and geographical dividend.

IKEA has also made a decision to look into e-commerce business in India by next year as the company says that in India it would increase investments as it looks unproblematic and faster than any part of the world.

Patrik Antoni, Deputy CEO, IKEA India, told reporters that they have so far invested Rs 4,500 crore including in land. Find us on Facebook too! "Economy is strong and it will be booming", he said.

The location will be IKEA's fifth store in Texas and the southern-most location in the state. The e-commerce platform would be launched next year. IKEA's next store will open in Navi Mumbai in 2019, followed by Bengaluru and Delhi.

"Hyderabad is just starting point. We have a long-term commitment to India, which is an important market for us".

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Speaking to ANI, Achillea said, "I am so excited today, we can see so many customers visiting in the building".

Earlier, the foray of sectoral giants like French sports goods retailer Decathalon, and Germ-any-based Metro Cash and Carry have dented the sales of players from the unorganised sector.

As the sprawling store has come up in the heart of HITEC City, the majority of the customers were techies from information technology companies.

The store houses a 1,000-seater restaurant, IKEA's largest and possibly India's largest restaurant, a cafe which will offer coffee, bakes, frozen yogurt and many more for purchase, a kids' play area named Smaland where customers can leave their children safely.

Well ahead of the formal opening of the 400,000-sq. ft. facility, developed on 13 acres, several customers were waiting in the queue lines in front of the entry gate.

IKEA has recruited 950 employees for the Hyderabad store and 50 per cent of them are women in tune with its policy.

India's 1.3 billion people spend about US$30 billion a year on furniture and household items like bed linens and cookware, but 95 per cent of those items are sold by small shops that offer custom-built products, according to Technopak.

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