Swedish home furnishings major IKEA today opened its first store in India
The company, which has employed 950 people directly and another 1,500 indirectly at its store here, plans to hire 15,000 in the coming years as it expands operations in India.
"We have a long-term commitment to India, which is an important market for us," he added.
IKEA had originally planned to open its first store in India by 2017, but it was delayed. The opening of its first store here was scheduled for July 19 this year but the company again pushed it back by almost 20 days to August 9, citing quality commitments.
Minister @KTRTRS arrived at #IKEAHyderabad store for its official launch today. Klas Molin, Ambassador, @swedeninIndia, Jesper Brodin, CEO, IKEA Group and Peter Betzel, CEO, IKEA India welcomed the Minister. pic.twitter.com/yPRspVY3uA— Min IT, Telangana (@MinIT_Telangana) August 9, 2018
Out of the total outlay of Rs 10,500 crore, the company has so far invested Rs 4,500 crore in its different projects in India.
"As we see big opportunities in India, we believe that we will increase this investment as we continue expansion in India in future," it said.
"We want to be accessible... we will try our best to speed up our expansion to move quicker than normally we do in IKEA," Brodin stated.
After Hyderabad, Ikea's second store would be in Mumbai next year, followed by Bengaluru and Delhi-NCR.
"Our aim is to recruit 15,000 people...in the coming years," she added.
IKEA said it has adopted a "non-negotiable" approach to hire 50 percent women at all levels in India, even "including forklift drivers and assembling co-workers".
It said it will offer delivery and assembly service to its customers who are not familiar with the DIY (do it yourself) concept.
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