KTR inaugurated Ikea stores in Hitech city

Telangana IT minister KTR has launched IKEA stores in Hitech city. India’s first ever store is started in Hyderabad..Ikea is a Swedish multinational company that designs modern and eco-friendly furniture…Ikea has been the world’s largest furniture retailer…

 

 

Ikea store is on 13 acres spread over 4 lakh square foot…Ikea will display 7500 products of which 1000 products are under 200rs…..They have employed 950 employees directly and 1500 employees indirectly to the services…The store will open from 10 am to 11 pm…The company is likely to purchase 20 per cent of its products from local furniture retailer shops. Ikea company has invested rs.1000 crores in the company…

 

 

 

 

 

 

KTR said “Ikea is an esteemed project of Hyderabad…I am very happy for India’s first Ikea store in Hyderabad…The company will also purchase local handloom talents of Telangana”.

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