IKEA Noida store: Ingka Centre plans to develop office, retail, hotel space behind Sector 51 & 52 metro stations by 2028Uttar Pradesh Chief Minister Yogi Adityanath laid the foundation stone for the IKEA store in Noida through a virtual event. The project, pa...
10 Sep, 2024, 07.22 PM IST
India ranks no. 1, 2, 3 in Ikea's priority market list for investment: Jesper Brodin, Global CEO, Ingka GroupIndia is Ikea's top investment priority market due to its economic growth and development. The company plans to tap into the growing furnit...
28 Feb, 2024, 08.22 AM IST
Ikea India raises Rs 600 croreIngka Centres, part of the Ingka Group had recently said that it will invest close to Rs 7500 crore in developing two shopping destinations...
22 Sep, 2022, 09.15 PM IST
Ingka Group to invest 900 million euros in India to open city centres at Gurugram and NoidaAccording to a top company official, Ingka Group (which also includes IKEA Retail and Ingka Investments) on Tuesday started construction wo...
16 Aug, 2022, 04.43 PM IST
IKEA India appoints Murali Iyer as CFOIyer takes over from Preet Dhupar who has moved into a global role within Ingka Group, and will be part of the IKEA India leadership team r...
07 Jul, 2022, 03.50 PM IST
IKEA opens first big box format store in Bengaluru; to invest Rs 3000 crore in KarnatakaIKEA, part of the Ingka Group, has earlier announced it is going to invest Rs 10,500 crore to set up stores across major cities, including ...
27 Jun, 2022, 02.51 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 temporarily closes its stores in Russia, halts sourcing in Russia, Belarus"The war has both a huge human impact and is resulting in serious disruptions to supply chain and trading conditions, which is why the comp...
03 Mar, 2022, 04.54 PM IST
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...
23 Nov, 2021, 07.22 PM IST
Ikea to cut product prices in India to win more customersIkea, the world’s biggest furniture retailer, said it will cut product prices in India as part of its strategy to reach more than 200 milli...
24 Aug, 2021, 07.31 AM IST
Ikea launches shopping app in IndiaThe IKEA app would be available on both platforms -- iOS and Android -- and will offer 7,000 home furnishing products, said a statement.
27 May, 2021, 11.23 AM IST
IKEA India FY20 results: Net loss widens to Rs 720 cr; sales up 64.7% at Rs 566 crThe company had registered a loss of Rs 685.4 crore in the financial year ended March 2019, according to Registrar of Companies filing shar...
25 Dec, 2020, 06.00 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
Swedish furniture giant IKEA Retail sets up global operations centre in IndiaThe move will help to streamline, simplify, and standardise ways of working and operations, while diversifying the overall digital footprin...
17 Sep, 2020, 08.38 PM IST
Ingka Grp hikes sustainability investment by 600 million euro for next 12 monthsThe funds would be invested in companies and solutions that have a direct impact towards the Paris Agreement and the UN Sustainable Develop...
03 Sep, 2020, 05.08 PM IST
Majority Indians now purchase items based on social responsibility, inclusiveness and environmental impactCOVID-19 has increased consumer awareness and commitment to buying sustainably.
01 Aug, 2020, 02.56 PM IST
IKEA's strategic partner Ingka Group invests in LivspaceThe investment is expected to be between $10-15 million, sources said, while Livspace declined to confirm the number.
21 May, 2019, 11.25 AM IST