Ikea ready to invest more than Rs 10,500 crore in IndiaOn the eve of opening its second brick-and-mortar store in the country in Navi Mumbai, Peter Betzel, CEO at Ikea India, said, India is set ...
18 Dec, 2020, 10.32 AM IST
Change in Strategy: Ikea to open more smaller stores; focus on omni-channel in IndiaThis is a departure from Ikea’s original 2013 India plans when the government cleared the Swedish retailer’s application to invest Rs 10,50...
25 Nov, 2020, 03.21 PM IST
Crowds throng IKEA on opening dayAround 40,000 visitors are said to have visited the Ikea Hyderabad store on its opening day.
10 Aug, 2018, 10.41 AM IST
India is going to be about less planning, more learning: Peter Betzel, CEO, Ikea IndiaWe have big plans for India. Telangana is one of our first identified priority markets, besides Delhi NCR, Maharashtra and Karnataka, Betze...
30 Jun, 2018, 11.15 PM IST
IKEA bets on Indians’ love for food to sell furnitureIn India, most retailers depend on restaurants, bars, cafes and food courts to attract footfalls. The food service market is estimated to b...
14 Jun, 2018, 09.03 AM 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 battles trademark cases in courts ahead of India store launchLast year, IKEA lost a trademark case in a district court against Quess Corp., which runs staffing businesses under brand IKYA Human Capita...
27 Apr, 2016, 01.14 AM 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 make India global sourcing hub for bamboo productsFurniture made from bamboo, one of the fastest-growing plants, accounts for about 1% of Ikea's global sales of EUR 30 billion (about Rs 2,2...
19 Feb, 2016, 07.34 AM IST
IKEA France may slow store openings as web sales take offIKEA, the world's biggest furniture retailer, may slow the pace of planned new store openings in France as it increasingly looks to e-comme...
13 Oct, 2015, 08.32 PM IST
Ikea to debut in India with a store in HyderabadIkea on Wednesday signed an agreement with the Telangana government to setup its first India store in the state capital Hyderabad.
25 Sep, 2014, 06.57 AM 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
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
Domestic furniture brands revise plans to brace IKEA competitionThe green signal to IKEA for its 100% single brand venture in India has set domestic furniture makers in a frenzy leading most of them to r...
21 Nov, 2012, 07.55 AM IST
Why you should look forward to IKEA's entry into IndiaThe entry of the 24.7-billion euro Swedish giant will bring in many other positive direct and indirect benefits for India.
01 Jul, 2012, 04.53 AM IST
FDI in retail: India awaits world's biggest furniture manufacturer 'Ikea'If Ikea finally sets up shop here, it might find a market ready and waiting for its affordable yet distinct brand of furniture.
04 Dec, 2011, 12.34 PM IST