Key Points
Ingka Centres, part of Ikea's retail operator Ingka Group, on Wednesday said it would open its first retail centre in India in late 2025..
The company is investing 400 million euros (around Rs 3,500 crore) in the Gurugram project..
"The first assets to bear the bright and lively new brand will be Lykli Gurugram meeting place in Delhi NCR, scheduled to open in late 2025," Ingka Centres said a statement...
The meeting place will be anchored by IKEA and has been designed to meet local needs with a playful blend of dining and entertainment complemented by a diverse retail selection of both global and local brands, the statement said.. Earlier this year, Ingka Centres had entered into an agreement with leading cinema exhibitor PVR (now PVR Inox), which will operate a nine-screen movie multiplex at the Gurugram project...
