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IKEA INDIA
IKEA targets 4x revenue growth in India by 2030The observation comes as the retailer plans to quadruple its revenue in India by 2030, expand its store network to 30 from the current eigh...- Zetwerk IPO eyes big returns; Flipkart alumni seek Esop buybackZetwerk’s early investors are poised for big gains as the platform prepares to go public. This and more in today’s ETtech Top 5.
- The ET Startup Awards 2026 specialHappy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymake...
- ET Startup Awards 2026: Silicon Valley called. They want their wardrobe back!The ET Startup Awards’ Silicon Valley dress code brought out puffer vests and sneakers, dresses where blazers might once have been, and sil...
- ICICI Prudential AMC buys over 0.5 million sq ft office space in Bengaluru for Rs 626 croreIn a significant investment, ICICI Prudential Asset Management Company has finalized the purchase of a prime commercial property located on...
- The business case for climate actionThe former IKEA CEO and Earthshot Prize chair argues that climate change and nature loss have become immediate business risks, not future c...
- AI agents take over online shopping: Ecommerce firms rethink pricing, verificationIndia’s ecommerce and digital platforms are preparing for a surge in personal AI agents that could increasingly make shopping decisions and...
- IKEA expands Delhi footprint with second city store in Saket, deepens NCR growth strategyIKEA India is opening its second city store in Delhi at DLF Avenue, Saket. This new store will offer nearly three thousand products for cus...
- Ikea’s India makeover: ₹11,000 crore push to expand stores and local sourcingBy the year 2030, Ikea aims to invest close to eleven thousand crore rupees in India, launching twenty-five stores of varying sizes across ...
- IKEA India plans to double investment to over Rs 21,000 cr by 2030; targets Rs 8,000 cr turnoverSwedish retailer IKEA plans to invest over Rs 21,000 crore in India by 2030. This significant investment will accelerate store expansion an...
- Ikea India sales grows 6% YoY to Rs 1,860 crore, eyes profitability in 2 yearsIkea India reported 6% YoY sales growth to Rs 1,860.8 crore in FY25 and 12% EBITDA growth, targeting profitability within two years amid ex...
- IKEA to set up compact stores for expansion in smaller citiesIKEA is shifting its India strategy by introducing compact stores in smaller cities to enhance accessibility. These stores, as small as 10,...
- Ikea India aims for operational profitability in couple of years, says CEO Susanne PulvererIkea India expects to achieve operational profitability within a couple of years. The company focuses on stabilisation, affordability, and ...
- Ikea looks at next round of investment in India after fulfilling Rs 10,500-cr promiseIKEA is planning the next round of investment in India to expand its presence, increase sourcing, and further build its volume. The company...
- Ikea India records net loss of Rs 902 crore in FY22; sales up by 77 per centHome furnishings retailer Ikea's Indian unit recorded a net loss of Rs 902.8 crore in FY22. The net loss widened this year as compared to R...
- Cancel long drives for Ikea as it plans reaching the neighborhood to connect to peopleIkea plans to open small city outlets along with its mega format stores in India supported by online channel, as the Swedish furniture reta...
- IKEA India opens its first Bengaluru Store at Nagasandra, BengaluruSpread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-desig...
- Ikea to open its second Indian store in Navi Mumbai on December 18“We are very excited, as Mumbai is one of our priority markets in India. We have been present online in Mumbai since early 2019 and soon th...
- India is going to be about less planning, more learning: Peter Betzel, CEO, Ikea IndiaWe have big plans for India. Telangana is one of our first identified priority markets, besides Delhi NCR, Maharashtra and Karnataka, Betze...
- Exploring other cities like Delhi, Bangalore to open new stores: Juvencio Maeztu, CEO, IKEA IndiaIKEA India is exploring many other cities of India, CEO of the company, Juvencio Maeztu told ET Now.
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