Swedish retailer IKEA is planning to open its first shopping centre in India after the furniture giant’s shopping centres business – one of the world’s largest.
IKEA, which opened its first store in India in 2018 in Hyderabad followed by one in Mumbai in 2020, said it would develop the new site into a mall anchored by an IKEA store.
IKEA had bought a 48,000-square-metre plot in the city of Noida on the outskirts of Delhi for the project.