Photos: Ikea opens 1st store in India, aims to redefine shopping for middle-class
Updated On Aug 22, 2018 12:36 pm IST
Ikea revolutionised homeware retail with affordable, self-assembly furniture with a Scandinavian twist, sold in stroll-around megastores offering a break for Swedish meatballs. On Thursday its first Indian outlet opens -- with success far from guaranteed. While Indians may be getting richer, creating an apparent golden opportunity for Ikea as in other emerging economies, spending levels remain low. The culture of DIY furnishing is also alien and local consumers retain their trust in Indian products. The world's biggest furniture retailer expects seven million people a year to throng its new store in the southern city of Hyderabad, the first of 25 outlets it hopes to open across the country of 1.25 billion people by 2025.
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Updated on Aug 22, 2018 12:36 pm IST
Customers stand outside IKEA's first store in India as it opened in Hyderabad. (Mahesh Kumar A. / AP)
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The sight of concept homes meets the customers as they walk through the sprawling store of the world’s leading Swedish home furnishings retailer. (Mahesh Kumar A. / AP)
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Customers look at jute baskets inside the Ikea store in Hitech City on the outskirts of Hyderabad. (Udit Kulshrestha / Bloomberg)
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An employee serves chicken meatballs at the restaurant inside the Ikea store in Hitech City on the outskirts of Hyderabad. (Udit Kulshrestha / Bloomberg)
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From living rooms to dining rooms, children’s rooms to workspaces, kitchen and bedrooms to bathrooms, the display rooms offer ideas, inspiration and solutions for the entire home in a setting, perhaps not seen before in India. (Udit Kulshrestha / Bloomberg)
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Located in the heart of HITEC City, the information technology hub, and close to the posh localities, the store appears to be designed to target upper middle-class and the rich. (Udit Kulshrestha / Bloomberg)
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A living room displayed inside the Ikea retail store in Hitech City on the outskirts of Hyderabad. (Udit Kulshrestha / Bloomberg)
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Laying a greater emphasis on affordability, Ikea has priced over 1,000 products out of total 7,500 below Rs 200. One finds a set of four spoons for as low as Rs 15. (Udit Kulshrestha / Bloomberg)
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Customers browse rugs inside the Ikea store. (Udit Kulshrestha / Bloomberg)
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A worker holds flags of India and Sweden during the opening ceremony of the new IKEA store in Hyderabad. (Noah Seelam / AFP)
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Ikea workers wait to welcome customers at the entrance of the new IKEA store in Hyderabad. (Noah Seelam / AFP)
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IKEA plans to open 25 stores in India by 2025. It says it currently employs 950 people and plans to hire another 15,000 as it expands operations. (Noah Seelam / AFP)
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Customers eats at a restaurant at the new IKEA store in Hyderabad. To try and ensure it recoups its $1.5-billion investment, the Swedish company has tweaked its offerings to suit Indian tastes, starting with the restaurant, where “Smaklig Maltid -- ‘Enjoy your Meal’ in Swedish” is written on the wall. (Noah Seelam / AFP)
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