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Ikea will move its buying office to Bengaluru from Gurugram in May 2023

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 opened its fourth store in India earlier this week, 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 employment 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, carpeting, mattresses, home accessories, plastic and metal products.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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