Haryana Chief Minister Bhupinder Singh Hooda on Friday offered full support of the State Government to IKEA, the Swedish furniture retailer Company to set up their venture in the State.
Hooda gave this assurance to Chief Executive Officer of IKEA Services India Private limited, Juvenicio Maeztu in a meeting here. The Chief Minister said Haryana was the first State to support Foreign Direct Investment (FDI) and it had become the first choice of various MNCs to set up their ventures owing to its industrial friendly policies.
Juvenicio said IKEA designs and sells ready to assemble furniture such as beds, chairs, and desks and is keen to establish stores of big volume products of home furnishing in Haryana.
The CEO urged the Chief Minister to provide adequate land preferably in the National Capital Region (NCR) to set up their venture which included retail, factory and warehouse as NCR being close the National Capital has better connectivity to highways and easy access to metro service. On this, Hooda said that out of the five National Highways connected to Delhi, four passes through Haryana. Apart from this, 44.8 per cent of the NCR falls in Haryana.