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Samhi Hotels signs agreement with Ingka Centres for 162-room upscale hotel in NoidaIn an exciting development for Noida, SAMHI Hotels will be leasing a chic 162-room hotel as part of Ingka Centres' innovative project. This...
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...
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,...
IKEA plans to launch online deliveries in Delhi, Noida, Gurugram soon: Here's the Latest updateIKEA is launching online deliveries in Delhi-NCR and partnering with Rhenus Logistics. They will use a warehouse in Gurugram to fulfil orde...
Ikea looking at next phase of investments in India, plans smaller format stores in adjacent marketsIkea is planning its next phase of growth in India, focusing on small-format stores and online expansion. The company will start online sal...
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 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...
Ikea announces appointment of Susanne Pulverer as new India CEOIkea operates two big box outlets in India, one each in Hyderabad and Navi Mumbai and in December the world's largest furniture retailer ha...
Ingka Group to open its first shopping centre in India at Gurugram, to invest Rs 3,300 croreThe government is committed to provide best support to facilitate a smooth investment flow into the state. This project will not only estab...
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...
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...
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 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 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,...
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 to invest Rs 2,000 crore in Haryana; signs MoU with stateIKEA today signed a memorandum of understanding with Haryana government and said it will invest an estimated Rs 2,000 crore to open its sto...
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 may open first India store in 2017IKEA was under spotlight for making the previous UPA govt to change contentious conditions in single-brand retail policy involving foreign ...
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.
IKEA keen to set up venture in HaryanaSwedish retailer IKEA said it is keen to set up its stores of home furnishing in Haryana with state govt today offering its full support to...