IKEA to invest ₹3,000 crore for three new centres in India

Swedish furniture giant IKEA plans to invest nearly ₹3,000 crore in the next three years to open three fulfilment centres in Mumbai, Delhi and Bengaluru. IKEA India's Deputy Country Manager Patrik Antoni said the company is set to open its second Indian store in Mumbai later this year. He also said that IKEA has over 50 suppliers in the country.