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 ...
07 Feb, 2025, 08.33 PM IST
Ikea adds doorstep delivery facility in 62 new markets, expects higher demand via online channelsIkea has introduced doorstep delivery facility in 62 new markets in India and plans to launch its Shop By Phone assistance service. The com...
06 Feb, 2024, 02.42 PM IST
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...
21 Aug, 2022, 12.17 PM IST
Working to see how fast we can increase local sourcing and benefit from creating lower prices: IKEA India CEO"We are working to see how fast we can increase our local sourcing because that has all the benefits of creating lower prices, taking away ...
27 Jul, 2022, 04.53 PM IST
Bommai inaugurates Ikea's store in Bengaluru, urges management to give more jobs to localsThe Swedish multinational, the chief minister told the media, has decided to invest Rs 3000 crore over a period of time, and has assured hi...
22 Jun, 2022, 03.14 PM IST
Ikea announces appointment of Susanne Pulverer as new India CEOIkea operates two big box outlets in India, one each in Hyderabad and Navi Mumbai and in December the world's largest furniture retailer ha...
24 Feb, 2022, 09.36 AM IST
Increasing local sourcing; in dialogue with stakeholders for collaboration: IKEA India CEO"Our ambition is to increase sourcing from India in our aim to make a positive impact on the economy and society not just in retail, but al...
06 Oct, 2020, 05.49 PM IST
Ingka Grp hikes sustainability investment by 600 million euro for next 12 monthsThe funds would be invested in companies and solutions that have a direct impact towards the Paris Agreement and the UN Sustainable Develop...
03 Sep, 2020, 05.08 PM IST
Ikea to invest Rs 5,000 crore for store in NoidaIkea, which is planning to set-up a large format store in Noida, has signed a MoU with the Uttar Pradesh government for opening of stores
20 Dec, 2018, 09.27 PM IST
Ikea India appoints Peter Betzel as new CEOBetzel will take the lead for Ikea’s expansion into India beginning with the upcoming launch of the first store in the country in Hyderabad.
12 Mar, 2018, 11.45 AM IST
The story of how Ikea was assembled in IndiaIkea’s first store in Hyderabad is a few months away. Land has been bought in Gurgaon, Bengaluru and Mumbai but retail stores will not come...
17 Dec, 2017, 03.39 PM IST
Ikea to make India manufacturing hub for sofas, furnitureOne of the ways how Ikea plans to reduce prices of its products in India is by exporting locally-made products to its global stores.
29 Aug, 2017, 01.34 PM IST
IKEA appoints Patrik Antoni as Deputy Country Manager, IndiaIKEA, which recently had the ground breaking ceremony for its first India store at Hyderabad, has started hiring for the store, which is sl...
06 Sep, 2016, 06.59 PM IST
Ikea to lay foundation for first Indian store in Hyderabad on August 11"Ikea is performing ground-breaking and laying of foundation stone for its first Indian store on August 11," an Ikea official said.
13 Jul, 2016, 05.20 PM IST
IKEA to invest Rs 2,000 crore in Haryana; signs MoU with stateIKEA today signed a memorandum of understanding with Haryana government and said it will invest an estimated Rs 2,000 crore to open its sto...
08 Mar, 2016, 06.21 PM IST
Ikea inks MoU with Telangana government for opening store in the stateIkea India, a subsidiary of Swedish furniture retailer Ikea AB, today signed MoU with Telangana government for establishing its store in st...
24 Sep, 2014, 04.04 PM IST
Govt clears IKEA's Rs 10,500 crore FDI proposalAs of now, IKEA's will be the largest investor in single-brand retailing ever since govt allowed foreign investment in this sector.
02 May, 2013, 10.18 PM IST