Hyderabad, Mumbai, Bangalore and Chennai are the four cardinal points of Ikea’s expansion into India. The first Indian store selling furniture in flat packs will open in April 2018 in Hyderabad on 37,000 sq.m GLA, providing employment to under-privileged women via a special human resources program. It will include 1,000-seat restaurants serving Indian and Swedish cuisine, with beef and pork meatballs replaced by chicken and vegetables.
Three months ago, the Swedish group (sales of €38.3...