Swedish furniture giant IKEA is set to become profitable in India by FY'28. The company plans to open 25 new stores across the country in t...

Ikea India's revenue saw a slight dip to Rs 1,749.5 crore in FY25, while net losses widened to Rs 1,325.2 crore as the company continues it...

Ikea 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...

Global trade tensions have accelerated companies' efforts to diversify supply chains, and India is becoming central to Ikea’s sourcing stra...

Ikea, having exhausted its initial Rs 10,500 crore investment in India, plans to announce a new phase of investment soon. The company is co...

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 shifting its India strategy by introducing compact stores in smaller cities to enhance accessibility. These stores, as small as 10,...

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

Ikea's India sales have grown by 5% in FY24, marking its slowest expansion since entering the market six years ago. The net loss widened by...

IKEA is planning the next round of investment in India to expand its presence, increase sourcing, and further build its volume. The company...

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...

Ikea plans to open small city outlets along with its mega format stores in India supported by online channel, as the Swedish furniture reta...

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

“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...

"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...

We have big plans for India. Telangana is one of our first identified priority markets, besides Delhi NCR, Maharashtra and Karnataka, Betze...

IKEA India is exploring many other cities of India, CEO of the company, Juvencio Maeztu told ET Now.