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.

Budget raised custom duties on wooden furniture, tableware etc. Ikea imports about 75% of its products.

Ikea has also launched a furniture-leasing program that it plans to expand to 30 markets in Europe in the next year.

At the same time, the group, which owns 367 IKEA stores, estimates it will create 11,500 new jobs in the period as it expands with new stor...

IKEA will have to contend with the opulent aesthetic of Maharaja sofa, a symbol of richness for the middle class.

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

Founding Ikea in 1943, Kamprad then started marketing pens, wallets and nylon stockings in the local media, and distributed them using a mi...

Earlier this month, the world’s largest single brand retailer won a Haryana Urban Development Authority (HUDA) auction for 10 acres in the ...

Last year, IKEA lost a trademark case in a district court against Quess Corp., which runs staffing businesses under brand IKYA Human Capita...

Furniture 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...

If you've been thinking about getting in the wireless charging game, IKEA just made it a no-brainer. Later this spring, you'll be able to b...

Ikea India, a subsidiary of Swedish furniture retailer Ikea AB, today signed MoU with Telangana government for establishing its store in st...

IKEA has been sourcing many products, including textiles, carpets, metals, plastic, lighting and decorative items for last 26 years.

During meeting it was informed that IKEA planned to establish its stores in four states and UP was high on their priority.

Old furnitures collected from Indian consumers in exchange for new ones will not be re-sold in the market, Swedish retail major IKEA has in...

The entry of the 24.7-billion euro Swedish giant will bring in many other positive direct and indirect benefits for India.

If Ikea finally sets up shop here, it might find a market ready and waiting for its affordable yet distinct brand of furniture.