IKEA is one of the largest affordable furniture manufacturers and retailers in the world. The Swedish company owns over 400 stores worldwide which sell ready-to-assemble furniture, kitchen ware and home accessories. Ikea inaugurated its first store in India in Hyderabad in August 2018, across 13 acres of prime land in HITECH city. The store furnishes and houses a 1000-seater restaurant, the largest across all its global locations.