IKEA expects India business to grow 10 pc in FY'25, to expand networkIKEA anticipates a sales surge of over 10% in India for FY25, driven by strategic expansion plans. The company aims to penetrate the market...
20 Aug, 2025, 06.47 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
Patrik Antoni to be new CEO of IKEA India as Susanne Pulverer resignsAntoni will lead the company's growth plans in India, in this new structure, where the CEO will take the responsibility for retail operatio...
22 Jul, 2025, 05.35 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 eyes omnichannel expansion and local sourcing in IndiaSusanne Pulverer, CEO of Ikea India, emphasized the company's commitment to long-term growth in the Indian market. She stated, "Our next gr...
03 Sep, 2023, 02.58 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 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 promises up to Rs 2,000cr investments for West Bengal Kolkata"West Bengal is one of the key markets in Ikea's plans in India and we would like to start working in your state for establishing Ikea's ex...
28 Apr, 2018, 12.07 AM 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 integrate its stores in India with online tradeIkea will explore cities such as Chennai, Pune, Surat, Ahmedabad for its expansion after setting up stores in Hyderabad followed by Mumbai,...
07 Sep, 2016, 06.42 PM IST
IKEA gets 23 acre land in Navi Mumbai, to open 400,000 sq ft storeAccording to Maeztu, each IKEA store will employ 500-700 workers directly and another 1,500 indirectly, engaged in providing services.
21 May, 2016, 05.01 AM 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
India a very important market for us: Catarina Lowenadler, IKEALowenadler said the new categories that the company was looking to develop were mattresses, sofas and book shelves as well as new materials...
25 Aug, 2015, 04.42 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