Bengaluru is going to have a new store of IKEA

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IKEA that is known to be one of the biggest brands in terms of furniture in the world has set up its new global office in Bengaluru. This brand is a Swedish brand and its a flagship brand of the Ingka group. The company on Thursday said that they are going to open a new global office in Bengaluru and this global office would be from the Karle Special Economic Zone.

In 2018 it was for the first time when IKEA introduced its store in India and more precisely in Hyderabad and after that IKEA has set up a good amount of customer base. Since then this company is expanding continuously and later on it opened its second store Mumbai. And then after being a success in Mumbai also a new city was targeted by this company that was Pune where it opened its online presence.

While the company was telling about its new store that will be there in Bengaluru it also said, “The availability of a large talent pool in India is one of the key reasons behind selecting the global office. The office will operate from the Karle Special Economic Zone in Bengaluru.”

Also, the company is looking forward to expanding its business to the maximum in India. This can be seen as IKEA has recently opened a new service in Hyderabad that is known as Click & Collect services through which it is aiming to provide safe and contactless services to the consumers. And in the future, it is going to open many city-center stores too and will work towards expanding online presence all over India. They are aiming to have a consumer base of around 100 million in India in the coming few years through various platforms.

This company that is also known as the Swedish giant in types of furniture has said that it is sourcing from India from the past many years (more precisely 35 years). This company is known to have more than 60 suppliers all over India that have direct customers of 40k +. In the world, IKEA is known to have many stores and these stores get their furniture from India and around 4 lakhs people are engaged in India to provide supplies worldwide.

Now let us talk about what IKEA really is. IKEA is a Swedish global gathering arranged in the Netherlands that plans and offers prepared to-amass furniture, kitchen apparatuses, and home extras, among other helpful products and at times home administrations. Established in Sweden in 1943 by 17-year-old Ingvar Kamprad, IKEA has been the world’s biggest furniture retailer since 2008. As per the Bloomberg Billionaires Index, as of January 2018, Kamprad was the eighth-most extravagant individual on the planet, with expected total assets of US$58.7 billion. The organization’s name is an abbreviation that comprises of the originator’s initials (Ingvar Kamprad), and those of Elmtaryd, the family ranch where he was conceived, and the close by town Agunnaryd (his old neighborhood in Småland, southern Sweden).

The organization is known for its pioneer plans for different sorts of machines and furniture, and its inside plan work is frequently connected with an eco-accommodating effortlessness. What’s more, the firm is known for its thoughtfulness regarding cost control, operational subtleties, and constant item advancement that has permitted IKEA to bring down its costs by a normal of a few percent.