Agnefjall said that once the company covers the four territories in Bangalore, Delhi, Mumbai and Hyderabad, it look beyond to expand.
The Ikea boss gave no time frame for opening stores in Delhi- NCR region saying that it depended on how quickly IKEA could manage to identify and acquire sites, obtain retailing permits and then build its stores there.
For a big city like Delhi, IKEA would probably need three to five stores to cover it in a good way, the CEO said adding that the company would ideally like to locate its stores where there is good connection to public transportation too.
Describing these plans acting as starting points, Agnefjall said: "It would keep us occupied for a number of years to go but eventually we would like to be (there) for the many people living in India beyond those territories too." (SH)
Fibre2Fashion News Desk – India
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