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IKEA INDIA PLAN
Pi Ventures explores Fund I portfolio exits amid investor scrutiny over returnsWhile Manish Singhal remains a designated “key person” in the fund, Pi Ventures has witnessed several senior-level exits over the past five...- NRI equity inflow falls; Pi Ventures preps exitsNRI accounts are surging even as stricter compliance and a softer market cool equity inflows. This and more in today’s ETtech Morning Dispa...
- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- IKEA sets up India development centre in push beyond sourcingIKEA has launched a new product development center in India. This positions India as a key hub for designing home furnishings for both loca...
- IKEA plans to double India investment to more than Rs 20,000 crore over five yearsIKEA is set to significantly boost its investment in India. The furniture giant will pour over 200 billion rupees into the country over the...
- 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...
- 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...
- Ikea looks at next round of investment in India after fulfilling Rs 10,500-cr promiseIKEA is planning the next round of investment in India to expand its presence, increase sourcing, and further build its volume. The company...
- IKEA India opens its first Bengaluru Store at Nagasandra, BengaluruSpread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-desig...
- 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...
- 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...
- Ikea may entice with malls next to its big storesIkea is exploring possibilities of building shopping malls and entertainment facilities next to some of its upcoming standalone stores, or ...
- 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
- IKEA India plans to invest Rs 1,000 crore in BengaluruThe store, besides offering a wide range of home furnishing solutions, will also have a 1,000 seater restaurant serving Swedish and Indian ...
- 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...
- 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.
- IKEA plans to ramp up sourcing in India, eye new categoriesIKEA, which has around 50 suppliers in the country, is also looking to produce more for the Indian market, Juvencio Maeztu said.
- IKEA MD to hold meetings called 'Future Search' for building India businessThe stakes are high and the opportunity is inspiring. Together we have the means to influence the future of IKEA in India, Maeztu said.
- FDI in retail: FIPB seeks more info from IKEA, to take up proposal next weekCommerce and Industry Minister Anand Sharma last week had said that government has taken a favourable view on IKEA's request.
- IKEA drops India plansGlobal capital has become scarce and the govt has to accelerate pace of FDI reforms.
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