Current Affairs - Places - Discussion

IKEA, Swedish home furnishings major, opened its first store in Hyderabad, India. IKEA has already been sourcing for the past three decades in India. It will be opening its other branches in Mumbai, Bengaluru and National Capital Region. The store is of 400,000 sq. ft located at the heart of city's IT hub. IKEA in Hyderabad employs 950 people directly, half of them women, and 1,500 indirectly in services and expects to host close to 7 million visitors each year.