IKEA aims to be profitable by FY28; to open 25 small & medium stores in next 4-5 yearsSwedish furniture giant IKEA is set to become profitable in India by FY'28. The company plans to open 25 new stores across the country in t...
06 Mar, 2026, 11.13 AM 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
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 India readies fresh investment for India, eyes Chennai and Pune for large-format storesIkea, having exhausted its initial Rs 10,500 crore investment in India, plans to announce a new phase of investment soon. The company is co...
13 Aug, 2025, 09.12 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 to set up compact stores for expansion in smaller citiesIKEA is shifting its India strategy by introducing compact stores in smaller cities to enhance accessibility. These stores, as small as 10,...
30 Apr, 2025, 04.14 PM IST
Good news for shoppers! Ikea to begin online sales in Delhi-NCR this week. When is the store coming?Ikea is expanding its presence in India with online sales in Delhi-NCR and 9 other markets this week. It plans to open full-size stores in ...
27 Feb, 2025, 01.52 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
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 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 appoints Patrik Antoni as Deputy Country Manager, IndiaIKEA, which recently had the ground breaking ceremony for its first India store at Hyderabad, has started hiring for the store, which is sl...
06 Sep, 2016, 06.59 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
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