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    GSK enters agreement to acquire Nuvalent, Inc.

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  • Home
  • World

    GSK enters agreement to acquire Nuvalent, Inc.

    Telenor receives approval to acquire GlobalConnect’s consumer business in Norway.

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Blackstone-backed AirTrunk plans to invest US$30bn and +5GW in India.

    India Emerges as World’s Most Trusted Investment Destination: Union Minister of Commerce and Industry,Piyush Goyal at Citi India Conference 2026.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

  • National
    • All
    • Economy & Politics
    • Election

    NRAI Expands Presence in Karnataka with Launch of Mangaluru & Western Karnataka Chapter.

    Titan Watches sets Guinness Book of World Records with Zero Hour 500M Professional Diver’s Automatic Watch

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    *Home Minister Priyank Kharge directs strict age verification at pubs, breweries, bars, clubs and liquor-serving establishments*

    Vikassheel Insaan Party Officially Enters Karnataka Politics.

    State-Level Consultation Meeting on Prevention of Drug Abuse .

  • Business

    GSK enters agreement to acquire Nuvalent, Inc.

    Telenor receives approval to acquire GlobalConnect’s consumer business in Norway.

    D2C Nutrition Brand BeastLife Targets Turnover of ₹250 Crore in FY27; Plans Expansion Through Offline Retail, Beast Cafés and Vending Machines.

  • Health

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

  • Technology
    • All
    • Environment
    • Science

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    FAO outlines urgent measures and policy recommendations to avert severe crisis within six to 12 months

    IBM and U.S. Department of Commerce Announce America’s First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award .

  • Auto

    Flex Fuel Vehicles offer India a practical solution to reduce crude oil imports, provide additional income to Indian farmers, and advance low-carbon mobility: Sh. Hardeep Singh Puri

    Audi announces third generation of the Q7.

    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

    Honda launches the New Honda City and marks India Debut of its Global Sporty Hybrid SUV All New ZR-V e:HEV.

  • Sports

    NR Group Continues Support for Indian Open of Surfing 2026 for Third Consecutive Year.

    Praggnanandhaa Defeats Gukesh in All-Indian Clash, Enters Final Round in Title Hunt.

    CRICKETER OF THE CENTURY: A Prediction Before the World Took Notice

    Shriram Finance Announces Alliance with Padukone School of Badminton to Boost Grassroots Talent Across India

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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IKEA India to launch first store in Bengaluru on June 22

by FWM
June 22, 2022
in Business
0

Bengaluru, Karnataka, 21st June 2022:
IKEA (part of the Ingka  Group), the world’s leading Swedish home furnishings retailer will open the doors to its largest store in India so far, in Nagasandra, Bengaluru at 10:00 a.m. on Wednesday, June 22, 2022.

The Nagasandra Store is IKEA’s fourth store in India and the e-commerce and app services in June 2021. The store is located next to the Nagasandra metro station, which will support a faster, more sustainable and comfortable commute, making the store accessible for the many people of Bengaluru.

The IKEA Nagasandra store will be an iconic landmark in the city, providing home furnishing solutions catering to the diverse needs of the family.

With a planned investment of INR 3000 crores in Karnataka, IKEA is expecting to attract close to 5 million visitors this year in Bengaluru. Spread over 12.2 acres, the 460,000 sq. ft IKEA Nagasandra store will feature more than 7000 well-designed, affordable, good quality, functional, and sustainable home furnishing products along with beautifully designed 65+ room sets for ideas and inspirations to live a better life at home. The store will also house one of the largest children’s play areas, ‘Småland’ along with a 1,000-seater restaurant and a bistro serving a mix of Swedish and Indian delicacies with many vegetarian and vegan food options to choose from.

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Susanne Pulverer, Chief Executive Officer & Chief Sustainability Officer at IKEA India said, “Today marks a major milestone as we open our first large format store in Nagasandra, Bengaluru, Karnataka. We have a long-term commitment to Karnataka to create a positive impact on the local economy through our business. With our growing retail presence, IKEA India will be a strong contributor to increase the overall home furnishing market. It will give opportunities for a growing eco-system for the whole industry, including growing people and skills, we continue to stand by our vision ‘to create a better everyday life for the many people. While we are an omnichannel retailer, the IKEA stores are iconic and will remain important places where our customers meet our home furnishing offerings, get inspired, and find relevant products best suited for their home. We are happy to bring our passion and knowledge for home furnishing to the people of Karnataka to contribute to better lives at home. IKEA has employed 1000 co-workers with 72% local coworkers and plans to hire more people from the local neighborhood. IKEA truly believes that it will create the best work environment for its many coworkers, offering equal pay and growth opportunities for all. The store also believes in empowering women and has seen women taking up job roles traditionally reserved for men, such as forklift driving, power stacking, assembly, and installation services.

Anje Heim, Market Manager, IKEA Nagasandra said, “IKEA aims to offer home furnishing solutions that match the aspirations and dreams of the many people of Bengaluru for a better everyday life. IKEA Nagasandra will serve as a one-stop destination for all your home furnishing requirements. Our unique and affordable IKEA range will cater to the wants and needs of the whole family because there is something for everyone at IKEA. We are excited to welcome the many people of Bengaluru to our upcoming store.” Customers will now be able to buy some of IKEA’s iconic products such as BILLY Bookcase, MALM Bed, FRAGRIK Mugs, and GAMMALBYN sofa among others. IKEA is focused on sourcing products locally from India and plans to increase local sourcing in the coming years. IKEA works with 5 suppliers in Karnataka. One of them is an IKEA social entrepreneur, Industree based out of Karnataka who is working with close to 1000 local artisans – making sofas, upholstery, armchairs, furniture, plastic, and metal articles, such as EKTORP sofas and NODELAND bookcase.

IKEA continues to develop and strengthen its omnichannel presence in the city with e-commerce, and physical stores. The brand plans to launch its first city-centre store in Bengaluru next year.

Tags: BengaluruIngka  GroupNagasandraSwedish home furnishings retailer

FWM

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