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Inter IKEA Systems B.V., [ 6][ 7] trading as IKEA ( / aɪˈkiːə / eye-KEE-ə, Swedish: [ɪˈkêːa] ), is a Swedish multinational conglomerate that designs and sells ready-to-assemble furniture, kitchen appliances, decoration, home accessories, and various other goods and home services. Started in 1943 by Ingvar Kamprad and currently legally ...
India 2018 Hyderabad: 5 IKEA opened first store in India with 37,000 m 2 (400,000 sq ft) in Hyderabad on 9 August 2018. [105] IKEA opened its second store in Navi Mumbai on 18 December 2020, [106] and its third outlet and first smaller format "city-store" in Worli, Mumbai, on 9 December 2021. [107] IKEA plans to have 30 stores by 2028.
Inter IKEA Systems B.V. is a holding company fully owned by Inter IKEA Holding and thus Interogo Foundation. It is the company that legally owns all of the IKEA brand's intellectual property (logo, word, trademarks, etc.). [ 13] Inter IKEA Systems is the IKEA franchisor. The company releases guides and manuals of various parts of the IKEA brand.
Godrej Interio. Godrej Interio is an Indian furniture company, headquartered in Mumbai, India. The company began manufacturing furniture in 1923 with the Godrej Storewel cupboard. [ 1] It is a furniture arm of Godrej & Boyce and a part of the diversified Godrej Group. [ 2] It is a brand in both the home and institutional sectors, with a market ...
Tesco has had a limited presence in India with a service centre in Bangalore, and outsourcing. [123] In 2008 Tesco announced their intention to invest an initial £60m ( US$ 115m) to open a wholesale cash-and-carry business based in Mumbai with the assistance of the Tata Group . [ 124 ]
Criticism of IKEA. Global furniture and homeware retailer IKEA has been criticized for various issues, including their raw material sourcing, the size of their stores, the impact of their stores on local communities, legal violations, and unfair or discriminatory business practices, among others.