Swedish furniture retailer Ikea is moving its buying office, which sources products for its global supply chain in India, from Gurugram to Bengaluru from May 1, 2023. Ikea, which earlier this week opened its fourth store in India, wants its buying office to be close to other entities, a company statement said.
“With expanding business development, our outlook in India is positive and we want to be close to other IKEA entities (like Retail, Global Business Operations) and the many customers. To take advantage of this opportunity, we are moving our office from Gurgaon to Bangalore from May 1, 2023,” he said.
The company provides relocation assistance to its employees, who choose to relocate to Bengaluru under the “relocation policy”. “If a colleague chooses not to relocate to Bangalore, we will do our best to help them find job opportunities within IKEA, such as IKEA Retail India or other IKEA units outside India. It will follow the recruitment process and relocation assistance in accordance with the relocation policy.
“If a colleague is unable to find a job within IKEA, we will support them with external coaching from our career transition service provider,” he said.
Ikea has sourced products for its global supply chain from India since the 1970s.
The Swedish furniture retailer sources from industries including textiles, carpets, mattresses, home accessories, plastic and metal products.
IKEA India (part of Ingka Group) earlier announced the launch of its first store in Bengaluru on June 22. The large-format store is connected to the Nagasandra metro station, it said in a statement. IKEA India has also announced Anje Heim as Karnataka Market Manager.
Spread over 12.2 acres, the 4,60,000-square-foot IKEA Nagasandra store claims to offer more than 7,000 affordable, good-quality, durable and well-designed IKEA home furnishings products, according to the release.