scorecardresearch
Thursday, Mar 28, 2024
Advertisement

IKEA’s largest India store to open in Noida soon

A statement issued by the Uttar Pradesh government said the company, which is opening over 433 stores in 52 countries, is preparing to open around a dozen outlets in Uttar Pradesh by investing around Rs 5,000 crore.

IKEA’s largest India store, IKEA store in Noida, Lucknow news, UP news, Indian express newsThe state government has provided IKEA, one of the world's largest companies making furniture and home appliances, 47,833 square metres of land for the Noida outlet.

Hoping to generate employment opportunities in the state, Swedish firm IKEA will open the country’s largest outlet in Noida within a few weeks.

A statement issued by the Uttar Pradesh government said the company, which is opening over 433 stores in 52 countries, is preparing to open around a dozen outlets in Uttar Pradesh by investing around Rs 5,000 crore.

The state government has provided IKEA, one of the world’s largest companies making furniture and home appliances, 47,833 square metres of land for the Noida outlet.

Advertisement

The company also plans to open at least three outlets in Purvanchal and central UP.

Satish Srivastava, co-chairman of the UP Chamber of Commerce, said: “With such companies entering the UP market, business and employment will increase and people will be able to get quality and world class furniture and other products at low prices. The Yogi government’s strategy to attract industry and investors is going to make a big contribution towards making UP self-reliant.”

Festive offer

Spokesperson of the UP government and Cabinet Minister Siddharth Nath Singh said the next few months are crucial in terms of employment and trade.

First uploaded on: 02-12-2020 at 02:32 IST
Latest Comment
Post Comment
Read Comments
Advertisement
shorts
Maguntas
Political PulseUpdated: March 28, 2024 20:11 IST

Away from the national capital’s courtroom where the case against Chief Minister Arvind Kejriwal is playing out, two key figures embroiled in the excise policy case – four-time MP Magunta Srinivasulu Reddy and his son Raghava Magunta Reddy – are busy campaigning for BJP ally Telugu Desam Party (TDP)

Advertisement
Advertisement
Advertisement
close