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
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...
22 Jul, 2025, 05.35 PM IST
Ikea cuts prices on select articles by 16-39% in IndiaThe company's insights over the last four years of its presence in the country, where it understood that Indian consumers are very price se...
07 Feb, 2023, 07.49 PM IST
Ikea India records net loss of Rs 902 crore in FY22; sales up by 77 per centHome furnishings retailer Ikea's Indian unit recorded a net loss of Rs 902.8 crore in FY22. The net loss widened this year as compared to R...
28 Oct, 2022, 04.35 PM IST
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...
21 Jun, 2022, 12.48 PM IST
IKEA to launch first Bengaluru store on June 22Spread over 12.2 acres, the 4,60,000 sq ft IKEA Nagasandra store will feature over 7,000-plus affordable, good quality, sustainable and wel...
31 May, 2022, 12.35 PM IST
Swedish retailer IKEA to launch India's first City Store in MumbaiIKEA's new store in Kamala Mills is designed for smaller spaces, measuring in at around 50,000 - 1,00,000 sq ft, as opposed to the the trad...
24 Aug, 2021, 02.15 PM IST
Order from IKEA Group helps Acrysil’s stock scale new highThe share price of Acrysil gained 33% in the past five trading sessions.
24 Aug, 2020, 10.33 PM IST
IKEA has an easy plan that can stop stubble burning, reduce pollution in DelhiIKEA said its long-term goal is to contribute to villages reaching zero rice-straw burning.
15 Nov, 2018, 05.20 PM IST
Ikea to invest Rs 3,000 crore in Maharashtra for stores, experience zonesWe will be investing close to Rs 3,000 crore over the long-term in the state to set up multi-format stores, said Ikea.
22 Feb, 2018, 08.03 PM IST
Chicken and veg offerings to replace IKEA's trademark beef and pork meatballs in IndiaIKEA is preparing to open its first store in Hyderabad next spring with a shopping area spread over 400,000 sq ft. The facility will house ...
30 Aug, 2017, 01.06 AM IST
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...
24 Apr, 2017, 01.14 AM IST
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...
23 Apr, 2017, 01.48 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
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
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.
04 Jun, 2015, 08.33 PM IST