Home purchasing

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.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor