Ikea not ready to open first India store yet, postpones launch to August 9

Around 45,000 visitors are expected at the store on the earlier launch day

Less than a week before the scheduled opening of its first India store, Swedish furnishing major Ikea announced a change in plan. Instead of July 19, Ikea’s Hyderabad store will now open on August 9, a company statement said on Friday, days after the invites had been sent out for the grand inauguration of the 400,000 sq ft facility by the global CEO Jesper Brodin. It needs some more time to live up to its expected quality commitments towards customers and co-workers, Ikea India CEO Peter Betzel said in a statement. 

Responding to a query on why Ikea decided to