IKEA to invest â¹1,000 cr in Bengaluru store, its 3rd in India
Swedish furniture retailer IKEA plans to invest nearly â¹1,000 crore in its Bengaluru store, the company's third store in India after Hyderabad and Mumbai. IKEA on Thursday laid the foundation stone for the 5,00,000 sq ft store, set to open in 2020. The Bengaluru store is expected to employ 800-1,000 directly and engage the services of another 1,500 indirectly.