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Synopsis
The store coming up in VR Mall in Whitefield is expected to be operational next year. The deal has a lock-in period of 15-20 years.
Agencies
IKEA Purchasing has been sourcing from India for over 35 years and has over 60 suppliers with 45,000 direct employees and 400,000 people in the extended supply chain in India producing for IKEA stores worldwide.
Global furniture giant IKEA has rented 100,000 sq ft in Bengaluru to set up its first store in the city, in what is being seen as the largest retail leasing deal this year.
The store coming up in VR Mall in Whitefield is expected to be operational next year. The deal has a lock-in period of 15-20 years. ....

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