Business

Hundreds shrug off pandemic for Ikea's new India store

Company bets big on mix of Swedish functionality with locally sourced Indian wares

Updated 5 years ago · Published on 19 Dec 2020 4:32PM

Hundreds shrug off pandemic for Ikea's new India store
Ikea’s new flagship store houses a 1,000-seater restaurant as well as the largest children’s section of any Ikea store worldwide and can accommodate up to 10,000 people –  Twitter pic, December 19, 2020

MUMBAI – Hundreds of masked shoppers defied pandemic fears to visit Ikea’s second Indian store, which opened yesterday, as the Swedish giant tries to lure the country]s burgeoning middle class with minimalist design and a dash of local masala.

The company is betting big on the vast but complex market of 1.3 billion people, mixing Swedish functionality with locally sourced Indian wares.

Its latest store, on the outskirts of Mumbai, comes two years after its first outlet opened in the southern city of Hyderabad, but amid vastly changed circumstances with social distancing norms requiring customers to register in advance before visiting.

With an area equivalent to 10 football fields, the new flagship houses a 1,000-seater restaurant as well as the largest children's section of any Ikea store worldwide and can accommodate up to 10,000 people.

For the foreseeable future however, only about 2,500 customers will be allowed to visit daily.

“It has been beyond our expectations,” deputy store manager Preeti Budhraja told AFP, saying customer slots for the next two weeks were already filled.

The canteen serves Ikea’s signature meatballs but without beef or pork in deference to local religious practice, as well as local favourites such as biryani.

With coronavirus cases nearing 10 million in India – but with economic activity returning to normal – Ikea plans to open two smaller stores in the financial capital by the end of next year.

“This is not a sprint... it’s a marathon”, said Budhraja. – AFP, December 19, 2020

Related News

Malaysia / 3w

Anwar receives warm welcome from India’s Grand Mufti at Jamia Markaz

Opinion / 3w

Foreign influence, covert activities within Malaysian politics and society

Malaysia / 3w

Jokowi calls on global institutions to meet  needs growing, interconnected world

Malaysia / 1mth

Billionaire numbers reach record high as wealth remains concentrated

Malaysia / 2mth

Kedah MB’s “Cina ada China, India ada India” remark draws criticism over citizenship narrative

Events / 2mth

India’s MedTech firm Meril opens first Malaysian academy to expand clinical training network

Spotlight

Malaysia

Do not hide school safety issues to protect reputation - IGP

World

Flydubai pilot planned to crash plane into terminal at Ben Gurion Airport

Malaysia

Sabah Pan Borneo Highway: Only 4 of 35 packages complete after a decade

Malaysia

School caning was never abolished, Minster says

Malaysia

Sepang draws record crowd as Bahrain GP puts Malaysia back on F1 map

Malaysia

Irene Sofiya died from blunt-force head injuries, post-mortem confirms

Malaysia

No CCTV at spot where Irene was killed, says Minister

Malaysia

Irene’s only focus was her studies and her dream to become a doctor - aunt

You may be interested

Business

Tabung Haji posts record RM4.64b profit on stronger investment performance

Business

Oil supply risks mount as Brent tops US$102 on threat of Middle East shipping routes disruption

Business

Middle East conflict puts Malaysian SMEs under growing financial pressure - BNM