IKEA plans to increase sourcing from India for its global operations. The company needs policy support to get international standard raw ma...

IKEA anticipates a sales surge of over 10% in India for FY25, driven by strategic expansion plans. The company aims to penetrate the market...

Antoni will lead the company's growth plans in India, in this new structure, where the CEO will take the responsibility for retail operatio...

IKEA is focusing on India. The Swedish retailer plans to increase sourcing from India for its global operations. It also aims to raise loca...

Ikea India expects to achieve operational profitability within a couple of years. The company focuses on stabilisation, affordability, and ...

Ikea India reported a loss of Rs 1,299.4 crore for FY24, compared to Rs 1,133 crore the previous year. Revenue from operations increased to...

Susanne Pulverer, CEO of Ikea India, emphasized the company's commitment to long-term growth in the Indian market. She stated, "Our next gr...

Home 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...

Spread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-desig...

IKEA is known for its massive stores. However, the company is approaching Mumbai, the country’s most expensive realty market, with a differ...

The store coming up in VR Mall in Whitefield is expected to be operational next year. The deal has a lock-in period of 15-20 years.

With the changing consumer behaviour due to the health crisis, online business will play a “very important role” for IKEA, which plans to e...

The move will help to streamline, simplify, and standardise ways of working and operations, while diversifying the overall digital footprin...

The funds would be invested in companies and solutions that have a direct impact towards the Paris Agreement and the UN Sustainable Develop...

The next store will come up in Mumbai in 2019 which will be bigger than the Hyderabad store with five lakh square feet.

The government has cleared IKEA's Rs 10,500-crore investment proposal, the biggest investment in single-brand retail since the policy was l...

IKEA cannot use its global procurement of products to satisfy the Indian demand of mandatory sourcing from the country.