Friday, June 2, 2023
  • Janam TV Malayalam
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Services
Janam TV English
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Podcast
  • ‌
    • Travel
    • Entertainment
    • Lifestyle
    • Sports
    • Guest Column
    • Auto
No Result
View All Result
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Podcast
  • ‌
    • Travel
    • Entertainment
    • Lifestyle
    • Sports
    • Guest Column
    • Auto
No Result
View All Result
Janam TV English
No Result
View All Result
  • News
  • Business
  • Defence
  • Health
Home News

Uttar Pradesh Government t has signed an MoU with IKEA

by Janam Web Desk
Feb 22, 2021, 09:20 pm IST
in News, India

Uttar Pradesh Government has signed a Memorandum of Understanding with IKEA, the largest furniture & home applications company of the world, which will invest Rs 5,500 crores in the state during the next five years.

The Yogi government has provided 50000 square meters of land in Noida to IKEA for one of its largest outlet an outlet.

IKEA is a Swedish multinational conglomerate that designs and sells ready-to-assemble furniture, kitchen appliances and home accessories, among other useful goods. It opened its first store in Hyderabad in the year 2018.

IKEA spent more than Rs 1,000 crore including land, construction a capital goods to open its first store in Hyderabad. It spreads across land area of 13 acres including 400,000 sq.ft of built up area. It employees 950 direct and 1,500 indirect employees in the store.

IKEA plans to open a total of 25 centers in India by 2025 by investing Rs 10500 crores. About half of the investment will be made in UP alone.

Apart from the investment, this venture will generate direct and indirect employment of about 50,000 in the next five years. The company will take services of local artisans and workers in its venture which will create another ecosystem of jobs at the local level also.

Tags: IKEA NoidaMAINFEATUREDMOUMemorandum of UnderstandingUttar PradeshUttar Pradesh GovernmentIKEAIKEA Hyderabad
ShareTweetSendShare

Related News

One Health Pilot to be launched in Bengaluru tomorrow
India

High Court of Punjab & Haryana rejects bail plea of man booked for transporting cows for slaughtering

Sara Ali Khan gets trolled after Mahakal temple visit; says ‘my personal believes are my own’
Entertainment

Sara Ali Khan gets trolled after Mahakal temple visit; says ‘my personal believes are my own’

Threat of terrorist attack increases in Netherlands; says anti-terrorism agency, NCTV
World

Threat of terrorist attack increases in Netherlands; says anti-terrorism agency, NCTV

Latest News

Uncertainty about Bishop’s arrest; questioning will continue today

Controversial bishop Franco Mulakkal resigns as Jalandhar bishop

Second Loka Kerala Sabha summit begins today

Rs.82 lakhs to sit with Kerala CM on stage at ‘Loka Kerala Sabha’ meeting in the US; tariff card promises much more

Central government instructs OTT platforms to show anti-tobacco warning

Central government instructs OTT platforms to show anti-tobacco warning

Most states support new motor vehicles Act: Nitin Gadkari

Under the leadership of PM Modi, BJP will win the 2024 Lok Sabha elections; says Union Minister Nitin Gadkari

Spider-Man 4 is under work, confirms producer Amy Pascal

Spider-Man 4 is under work, confirms producer Amy Pascal

Fire breaks out in Alappuzha –Kannur Executive Express; a complete bogie caught fire

Train arson case at Kannur railway station; one person taken into custody

Son breaks his father’s leg for not giving him property

Son breaks his father’s leg for not giving him property

Unprovoked firing by Pakistan invites retaliation from BSF

BSF neutralises Pakistani intruder along international border in J&K’s Samba

  • Janam TV Malayalam
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Services

© Janam Multimedia Limited

No Result
View All Result
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Podcast
  • ‌
    • Travel
    • Entertainment
    • Lifestyle
    • Sports
    • Guest Column
    • Auto

© Janam Multimedia Limited