IKEA Hyderabad is a big company from Sweden that makes and sells furniture, kitchen stuff, decorations, and more. It was started in 1943 by Ingvar Kamprad and has been the biggest furniture seller in the world since 2008. The company is famous for its unique furniture and interior designs. It showcases the furniture in a room that is already designed and helps buyers to understand easily.
The company is known for its focus on keeping costs low and always improving its products. It sells flat-pack furniture to the buyers. The uniqueness of IKEA is that it gives buyers to use their creativity. The buyers assemble the products at the end.
Hyderabad, a big city and capital of Telangana is an IT hub of India. The city has many fancy restaurants and shops. Big brands from all over the world have established their stores in Hyderabad. Recently, in 2022, IKEA was launched in Hyderabad. The store is known for its ready-to-assemble furniture and unique interior designs.
IKEA Hyderabad is located on Mindspace Road, Rangareddy, Hyderabad, pin code 500032. The store can be reached via Ranga Reddy metro station, which is only 28 min walk distance away. There are many buses available for the store from many areas. People can get furniture at affordable prices.
The IKEA Hyderabad store is predicted to make a profit by 2024. In August the footfall increased to three million from August 2022 to August 2023, up from 2.90 million the previous year. The store is doing well in India, and the company has decided to open more stores in other cities. The store has its chain in Mumbai and Bangalore and its online store is available in Chennai, Pune and Surat.
The grand store is built on 13 acres and is 4 Lakh sq. ft. large. It is located close to Hi-tech City and has smooth connectivity. The store has a big range of products in which 1000 products are below Rs 200. The IKEA Hyderabad store offers a wide range of items, including kitchenware, plants, furniture, and storage solutions. With 7,500 products available, customers can find everything they need for their home. Notably, 500 of these products are sustainable, and all textiles are made from 100% cotton.
Under India's FDI regulations, 20% of the products sold are obtained locally, and 1,000 products are manufactured within India. The company is introducing its traditional IKEA collection along with a few locally relevant products for the Indian market. These products are
IKEA Hyderabad has given many job opportunities to people as it has been sourcing from India for 30 years. The company offers many products at an affordable price. The area near which it is located, a new residential township, is developing. The Prestige City is close to the store and will offer new home buyers many furniture options.
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