IKEA Group, the leading Swedish home furnishings company, is scouting for land in Greater Noida to set up its first showroom in north India. Representatives of the company met Deepak Agarwal, CEO, Greater Noida Industrial Development Authority (GNIDA), on Friday and expressed interest in setting up the facility on nearly 25 acres of land in Greater Noida.
Speaking to TOI, Agarwal said that an informal proposal came during a meeting between officials of the department of industrial policy and promotion and Delhi-Mumbai Industrial Corridor (DMIC) in Delhi. “We had a meeting with several Swedish investors including IKEA, Volvo, Ericsson and a dozen other companies,” Agarwal said. “The meeting was attended by Alkesh Kumar Sharma, CEO and managing director, DMIC and DIPP additional secretary Sanjiv Gupta, besides others,” he added.
Read more: Economic Times
