#NDTVProfitAtWEF | #INGKA Group plans to expand in Gurugram and Noida by the end of 2025.
Watch Deputy CEO and CFO Juvencio Maeztu in conversation with Niraj Shah. #Davos2024
Read all #WEF2024 updates: https://bit.ly/420ODMW
Watch Deputy CEO and CFO Juvencio Maeztu in conversation with Niraj Shah. #Davos2024
Read all #WEF2024 updates: https://bit.ly/420ODMW
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TVTranscript
00:00 We will open next year. We need to decide the date.
00:05 But in 2025, at the end of 2025, we'll open Gurugram,
00:11 which is a fantastic meeting place.
00:14 It's coming true.
00:17 And you see all the big, big investments we are making.
00:20 The Similar in Noida is amazing, the junction of two fantastic metro lines.
00:26 And many people ask, why has it taken so long to open in Delhi?
00:31 You have opened in Hyderabad and Mumbai.
00:33 It has to be right. It has to be right. We don't want to rush.
00:37 We are here for many years in Delhi, and Delhi is a big market.
00:41 So these are big meeting places.
00:44 And then one of the many companies will be IKEA,
00:50 but we will host many other places and many Indian companies as well.
00:54 So it's a growth story with many companies can join together.
00:58 So it's not IKEA only. So this is fantastic.
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