Ingka Centre to open city centres at Gurugram & Noida

Noida : Ingka Centres, a subsidiary of Ikea's retail operator Ingka Group, has announced plans to invest EUR 900 million (about Rs 72.45 billion) in India over the next few years to establish two centers for business, meetings and shopping. According to reports, Ingka Group (which also includes IKEA Retail and Ingka Investments) has recently started construction of its first center with an investment of 400 million euros. It also plans to open a similar facility in Noida. While the Gurugram center is expected to open in late 2025, a timeline for the Noida site has yet to be finalized as it is pending approvals.