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In pictures: A peek into Ikea’s first store in India

TIMESOFINDIA.COM | Last updated on - Aug 9, 2018, 16:02 IST
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Ikea opens first store in India

Swedish retail giant Ikea opens doors of its first store in India on Thursday in the erstwhile city of the 'Nizams'-- Hyderabad. The outlet is the first of 25 stores the world’s largest furniture retailer plans to open in India.

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Ikea's investment

The Swedish multinational has invested more than Rs 1,000 crore on the Hyderabad outlet (including land, construction and capital goods). The Hyderabad Ikea store will have a direct staff strength of 950 employees and additionally 1500 would be employed indirectly in services.

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Pocket-friendly products

Around 1,000 of Ikea's products will be available for under Rs 200, Ikea said in an official statement.

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Store's display

20 per cent of the products sold will be locally sourced, Ikea said in a statement. The store will exhibit two full homes that reflect ‘Life at Home in Hyderabad’,

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Ikea to display different room sets

The store has different room sets based on different parts of the home like bedroom, kitchen, children’s room and living room.

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Products will range from kitchen utensils to live plants

It will also have a market hall where one will find home kitchen utensils and accessories, textiles, rugs, lighting, decoration, stationary and live plants.

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Expected annual footfall

The store will stay open through the week from 10 am to 11 pm and the company expects up to 60 lakh visitors in a year.

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Ikea's locally relevant products for India

“In terms of the products, the company will be bringing its classic Ikea range along with a small percentage of locally relevant products for the Indian market like masala boxes, pressure cookers, tawas, idli makers, colourful sheets and mattresses made with coconut fibre centre.

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Global classics at Ikea

Customers will also be able to buy global classics like the BILLY bookcase, KLIPPAN sofa, LACK table and POäNG armchair among others,” Ikea said.

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Ikea's restaurant

Ikea’s Hyderabad store will have the company’s largest restaurant globally. The 1,000-seater restaurant will have several vegetarian options, including Indian cuisine, on the menu.

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India specific menu

The restaurant will not offer pork or beef meatballs, for religious reasons, substituting chicken or vegetarian alternatives instead. Indians' beloved biryani dish will sell for Rs 99.

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Ikea to India: 'Saare Jahaan Se Achcha'

A Gorkha rifles band of the Indian army pleased more than 200 eager shoppers queuing for the store by playing "Saare jahan se achcha Hindustan hamara" ("India is better than the rest").

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Second Ikea store to be in Mumbai

After Hyderabad, next on the map for Ikea is Mumbai where it is currently constructing its store and hopes to open its doors to the public by next summer.

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​ Ikea's competition in the Indian market

In India, Ikea will compete with the likes of Pepperfry and UrbanLadder.

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Ikea CEO Jesper Brodin’s mantra

Ahead of opening Ikea’s first store in Hyderabad on Thursday, CEO Jesper Brodin outlined Ikea’s priorities and challenges in India. Brodin said Ikea’s ‘mantra’ is quality.

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