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...
20 Jan, 2026, 01.22 PM IST
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 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 plans to enhance sourcing from India to 50%: Swedish ministerIKEA plans to significantly increase its sourcing from India. The goal is to reach 50 per cent for its global operations. Currently, it sta...
11 Jun, 2025, 09.55 PM IST
IKEA to amplify sourcing from India for global operations, to increase local sourcing to 50%IKEA is focusing on India. The Swedish retailer plans to increase sourcing from India for its global operations. It also aims to raise loca...
01 Jun, 2025, 04.33 PM IST
Working to see how fast we can increase local sourcing and benefit from creating lower prices: IKEA India CEO"We are working to see how fast we can increase our local sourcing because that has all the benefits of creating lower prices, taking away ...
27 Jul, 2022, 04.53 PM IST
Increasing local sourcing; in dialogue with stakeholders for collaboration: IKEA India CEO"Our ambition is to increase sourcing from India in our aim to make a positive impact on the economy and society not just in retail, but al...
06 Oct, 2020, 05.49 PM IST
Not quite a crush, yet Ikea’s high on low-price volumesAchillea told reporters that visitors have been fewer than estimated in the first six months of operations, but sales volume of low-priced ...
01 Feb, 2019, 08.19 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 to increase cotton sourcing from India, gears up to start retail operationsThe company is working with around four lakh farmers in India under its BCI programme and is sourcing one-third of its requirements from In...
10 Jun, 2016, 01.00 PM IST
Eye on furniture hub, IKEA seeks 450 acres at Kandla port"We have proposed furniture clusters at the Kandla port. IKEA wants 450 acres of land," Road Transport, Highways and Shipping Minister Niti...
07 Jun, 2016, 04.11 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
Furniture retailer Ikea to double sourcing from India by 2020At present, Ikea has 48 suppliers in India with 45,000 direct employees and about 400,000 people in its extended supply chain.
11 Dec, 2014, 03.46 AM IST
CCEA paves way for IKEA's Rs 10,500-crore investment plan in IndiaThe government has cleared IKEA's Rs 10,500-crore investment proposal, the biggest investment in single-brand retail since the policy was l...
09 May, 2013, 02.40 PM IST
FDI in retail: IKEA says will comply with rules; will maintain 2 separate comapnies for sourcing & retailingAccording to government regulations for companies that sell goods under a single brand, the 30% local sourcing must be undertaken by the sa...
09 Oct, 2012, 07.49 AM IST
FDI in retail: IKEA files final application for opening stores in IndiaSwedish furniture and home furnishing chain IKEA today said it has filed the final document this week seeking permission to open its store ...
08 Oct, 2012, 06.58 PM IST
IKEA may have to wait as its demand for relaxing mandatory local sourcing norms puts government in a fixGovt appears to have balked at IKEA's demand for relaxing sourcing norms, delaying the approval of Rs 10,500 cr investment proposal.
06 Jul, 2012, 07.41 AM IST