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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 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...
- IKEA to help suppliers in India, 2 other markets transit to 100% renewable powerUnder this initiative, the company would invest and support nearly 1,600 direct suppliers, IKEA said in a statement.
- 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 to double India sourcing by 2020MD Jesper Brodin told ETat the co’s headquarters that Ikea is a production-based retailer, implying its commitment to local sourcing – a pr...
- Ikea to double local sourcing by 2020,open store in Navi MumbaiWe currently source products worth 318 million euro from India and will almost double this by 2020, Henrik Gunnerling, purchase development...
- 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...
- 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 starts hiring, gears up to open 1st India store by 2017Swedish furniture retail giant IKEA has started hiring in India as it gears up to open its first store in the country by 2017.
- IKEA buys land in Hyderabad; moves closer to open India storeIKEA said it has purchased its first land in the country in Hyderabad, moving closer to its plan of setting up 25 stores in India.
- IKEA rolls out plans to reduce carbon footprint in IndiaOver the next five years, IKEA will spend €1 billion to cut down carbon pollution and slow down the rate of global warming by investing in ...
- IKEA to bank on renewable energy for its Indian operationsSwedish multinational and world’s leading home furnishing retailer, IKEA, isn’t just looking at India as a market for its products.
- 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.
- 'Make More in India': Why IKEA is beefing up its manufacturing ahead of its store launchIndia is currently among the top 10 sourcing countries for IKEA. The plan is to double sourcing from India to €630 million by 2020.
- We will have chapatti tawas and idli steamers in India: Maeztu Juvencio, MD, IKEA IndiaIn an interview, IKEA India MD Maeztu Juvencio talks about the sourcing strategy for the Indian operations and how the retailer is gearing ...
- 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.
- Swedish furniture maker Ikea to build suppliers park in TelanganaThe Swedish giant, that sourced $450 million(Rs 2,700 crore) worth of goods from India last year, is looking at building one of India's lar...
- IKEA looks to scale up furniture sourcing from IndiaIKEA has been sourcing many products, including textiles, carpets, metals, plastic, lighting and decorative items for last 26 years.
- 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.
- MNC liaison offices may get tax breatherIn a recent decision, the Authority for Advance Rulings (AAR) said that the liaison office of Ikea Trading (Hong Kong) does not earn any in...
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