CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Ikea, a global leader in retail furniture, will lay the foundation for first Indian store in which city
A
Hyderabad
B
New Delhi
C
Mumbai
D
Chennai
Explanation: 

Detailed explanation-1: -IKEA India (part of the Ingka Group), the world’s leading Swedish home furnishings retailer, has opened its maiden store in Bengaluru, located at Nagasandra.

Detailed explanation-2: -About IKEA India We are today online in Mumbai, Pune, Hyderabad, Gujarat and Bengaluru. Three big format IKEA stores are operational in Hyderabad, Navi Mumbai and Bengaluru. A city center store opened in Mumbai in Dec 2021 and another one opened in July 2022.

Detailed explanation-3: -The first store opened in Hyderabad in 2019, followed by its Navi Mumbai store in December 2020 and has been a popular destination for Mumbai shoppers. The third large IKEA store is expected to open in Bengaluru next year. Earlier this year, it launched the IKEA shopping app.

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