Swedish furniture retailing company IKEA will open its first store in India at Hyderabad in the second half of 2017 even as it scouts for more sites in Delhi-NCR, Mumbai and Bengaluru. The company, which received government approval in 2013 for its Rs 10,500 crore proposal to open retail stores under 100 percent FDI, plans to open 25 stores by 2025 in nine Indian cities. IKEA’s first store in Hyderabad will be a massive four lakh square feet in size and will include all features of a global IKEA store, including restaurant and play and development area. Opening of the mega store of IKEA India will be an added business advantage for the signage companies dealing in in-shop designs, branding and such activities.
