Want to increase sourcing from India, needs policy support raw materials import: IKEAIKEA plans to increase sourcing from India for its global operations. The company needs policy support to get international standard raw ma...
25 Aug, 2025, 06.37 PM IST
IKEA plans aggressive India expansion with stronger local sourcingIKEA is set to accelerate its growth in India. The company plans to add multiple customer touchpoints annually. Focus will be on local sour...
19 Aug, 2025, 07.16 PM IST
Ikea eyes India as key sourcing hub amid global trade shiftsGlobal trade tensions have accelerated companies' efforts to diversify supply chains, and India is becoming central to Ikea’s sourcing stra...
14 Aug, 2025, 01.31 PM IST
IKEA India readies fresh investment for India, eyes Chennai and Pune for large-format storesIkea, having exhausted its initial Rs 10,500 crore investment in India, plans to announce a new phase of investment soon. The company is co...
13 Aug, 2025, 09.12 PM IST
IKEA planning new stores in the US. Check where and whenIKEA is growing its business in America. The company will launch six new stores by the end of 2025. This follows five new U.S. locations ea...
18 May, 2025, 10.50 AM IST
IKEA sets its sights on small towns in India with compact retail storesIKEA is adapting its strategy for India with the introduction of smaller, more agile stores. These compact outlets, as small as 10,000 squa...
01 May, 2025, 02.13 PM IST
Ikea India raises Rs 600 croreIngka Centres, part of the Ingka Group had recently said that it will invest close to Rs 7500 crore in developing two shopping destinations...
22 Sep, 2022, 09.15 PM IST
Swedish furniture retailer IKEA to adopt omni-channel approach for expansion in IndiaWith the changing consumer behaviour due to the health crisis, online business will play a “very important role” for IKEA, which plans to e...
27 Sep, 2020, 01.09 PM IST
Ikea plans to expand in tier-II cities in second phaseBretzel also noted that the company has also ensured that 50 per cent of the workforce in Ikea India will be women.
15 Oct, 2019, 08.26 PM IST
Ikea to launch e-commerce operation in Mumbai soon: CEOIkea had earlier said it invested over Rs 800 crore in the Hyderabad outlet, which includes an in-house 1000-seater restaurant.
09 Aug, 2019, 05.10 PM IST
IKEA inks MoU with Gujarat to open stores, invest up to Rs 3,000 crIKEA, has earlier signed MoUs with Karnataka, Telangana, Maharashtra, Uttar Pradesh and Haryana to open retail stores.
12 Apr, 2018, 08.22 PM IST
Ikea targets China, India expansion to lift sales by 50 per cent in four yearsThe retailer has a goal for revenue of ¤50 billion ($56 billion) by 2020.Sales in the 12 months through August rose 7.1% to ¤34.2 billion, ...
15 Sep, 2016, 12.08 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 to open first India store at Hyderabad in 2017IKEA will open its first store in India at Hyderabad in the second half of 2017 even as it scouts for more sites in Delhi-NCR, Mumbai and B...
06 Mar, 2016, 12.21 PM IST
IKEA buys land in Hyderabad; moves closer to open India storeIKEA said it has purchased its first land in the country in Hyderabad, moving closer to its plan of setting up 25 stores in India.
10 Jul, 2015, 03.03 PM IST
IKEA evinces interest in setting up shop in Uttar PradeshDuring meeting it was informed that IKEA planned to establish its stores in four states and UP was high on their priority.
24 Oct, 2013, 12.06 PM IST
Local brands revise plans to take on Swedish furniture maker IKEALocal players have already begun to get aggressive on their expansion plans even as they believe that IKEA will benefit them by giving a fi...
21 Nov, 2012, 11.30 AM IST