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Ikea will commence e-commerce operations in NCR by December 2024, ahead of opening two large shopping centres in Gurugram and Noida
The company opened its second India store on the outskirts of Mumbai in December and another in the southern city of Bengaluru is now on course to be completed in 12 months
The total number of COVID-19 cases in India has now climbed up to 236, including foreigners, the Union Health Ministry said on Friday.
HomeTown and Homestop to expand their product portfolios, tapping a wider set of consumers
> Swedish retail giant IKEA is looking at using e-commerce only to supplement sales in the cities where it would open stores in as it aims to grow its business in India over the long term. IKEA, which will open its first store in the country in December, is not looking at online selling as a way to hasten its reach across the country. Instead, it says it is predominantly a touch and feel company that will utilise e-commerce to improve convenience for customers. "We are not an online company, but we will have online in India and this will add convenience to customers, but whether it is going to be one percent, ten percent, fifty percent, we don't know yet," said Juvencio Maeztu, CEO of IKEA India. Instead of using existing marketplaces such as Flipkart and Amazon, IKEA said it will only focus on selling its goods on its own platform. Further, it will use its megastores as a base to fulfill e-commerce deliveries at least initially, limiting the scope of deliveries only locally. Even .