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Ikea announces second India store to open in Mumbai

Ikea said on Friday (4) it will open its second Indian store on December 18, seeking to woo the nation's growing middle class with Swedish functionality and a dash of local masala.

The furniture giant opened its first Indian outlet two years ago in the southern city of Hyderabad. Its next shopfront will be on the outskirts of financial capital Mumbai.


"We are very excited, as Mumbai is one of our priority markets in India," Ikea India chief Peter Betzel said in a statement.

Ikea is betting big on the world's second-most populous country and its 1.3 billion people, planning to open 25 outlets by 2025 as it diversifies away from Western markets.

The Hyderabad outlet mixes the brand's staple selection of "Billy" bookshelves and bedspreads with "locally relevant products" like spice boxes and mattresses with a coconut-fibre centre.

Its canteen serves Ikea's signature meatballs but without beef or pork in deference to local religious practice, as well as local favourites like biryani.

With coronavirus cases nearing 10 million in India -- but with economic activity almost back to normal -- Ikea said customers will have to register online for an allotted time slot to visit the store.

The home goods behemoth first tried to enter India in 2006 but was foiled by strict foreign investment rules obliging international firms to partner with local companies.

Ikea said its new store would create over six thousand jobs by 2030, with the aim of ensuring half of its employees are women.

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Nearly 300,000 families face worst forms of homelessness in England, research shows

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  • 299,100 households experienced acute homelessness in 2024, up 21 per cent since 2022.
  • Rough sleeping and unsuitable temporary accommodation cases increased by 150 per cent since 2020.
  • Councils spent £732 m on unsuitable emergency accommodation in 2023/24.


Almost 300,000 families and individuals across England are now experiencing the worst forms of homelessness, including rough sleeping, unsuitable temporary accommodation and living in tents, according to new research from Crisis.

The landmark study, led by Heriot-Watt University, shows that 299,100 households in England experienced acute homelessness in 2024. This represents a 21 per cent increase since 2022, when there were 246,900 households, and a 45 per cent increase since 2012.

More than 15,000 people slept rough last year, while the number of households in unsuitable temporary accommodation rose from 19,200 in 2020 to 46,700 in 2024. An additional 18,600 households are living in unconventional accommodation such as cars, sheds and tents.

A national survey found 70 per cent of councils have seen increased numbers approaching them for homelessness assistance in the last year. Local authorities in London and Northern England reported the biggest increase.

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