Swedish furniture and home accessories company IKEA plans to invest nearly 3,000 crore rupees ($405 million) in the next three years to open three fulfilment centres, packing warehouses, in Mumbai, Bengaluru and Delhi.
IKEA would open the centres as an omni-channelling brand with IKEA stores, city centre stores and online presence.
The company is set to open its second store in Mumbai later this year and would hold a ground-breaking ceremony on October 11 in Bengaluru. The next store would be in Delhi.
IKEA said that by 2025, there would be over 25 stores across cities such as Ahmedabad, Surat, Pune, Chennai and Kolkata with both online and offline approaches.