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JUVENCIO MAEZTU
Being in India is helping us fine-tune the business model: IKEA CEO Juvencio MaeztuWe need to have a more simplified process when it comes to costing, moving goods within the country and labelling, everything related with ...- Ikea India appoints Peter Betzel as new CEOBetzel will take the lead for Ikea’s expansion into India beginning with the upcoming launch of the first store in the country in Hyderabad.
- Ikea to make India manufacturing hub for sofas, furnitureOne of the ways how Ikea plans to reduce prices of its products in India is by exporting locally-made products to its global stores.
- Ikea Group buys land to set up shop in BengaluruThe Ikea store in Bengaluru is planned to be around 4.5 lakh square feet and is expected to have more than 5 million visitors per year.
- 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 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...
- Ikea lays foundation stone for first store, chief hails GST Bill pasageThe company is likely to open 2-3 stores per year as it has already started the project in Mumbai and is looking at acquiring land parcels ...
- Ikea to lay foundation for first Indian store in Hyderabad on August 11"Ikea is performing ground-breaking and laying of foundation stone for its first Indian store on August 11," an Ikea official said.
- GST needs to come out of the political discussion: Juvencio Maeztu, CEO, Ikea India"GST is an important policy for us and is extremely beneficial for the consumers as it will reduce the price for the consumer" he said.
- IKEA working on sustainable model to source raw material in IndiaSwedish furniture retail giant IKEA today said it is working on a long-term sustainable model for raw material sourcing in India.
- 'India can't afford to spend too much time to bring GST'The GST Constitution Amendment Bill could not be passed in the last session of Parliament due to lack of political consensus.
- 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 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.
- IKEA India CEO to meet DIPP Secretary, to discuss e-commerceIKEA's India Chief Executive Officer will meet DIPP Secretary Amitabh Kant to discuss opportunities in Indian e-commerce biz and issues rel...
- Ikea to debut in India with a store in HyderabadIkea on Wednesday signed an agreement with the Telangana government to setup its first India store in the state capital Hyderabad.
- 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 may open its first India store in HyderabadThe company will invest at least Rs 630 crore in the city, according to two state government officials who met the company’s India head Juv...
- IKEA official calls on Commerce and Industry Minister Anand SharmaThe Cabinet Committee on Economic Affairs is likely to consider the Swedish home furnishings retailer investment proposal on Wednesday, the...
- IKEA hails Government's nod; to offer affordable goods, up sourcingThe government today formally allowed IKEA to invest Rs 10,500 crore for setting up single-brand retail stores to sell mostly home furnishi...
- Govt clears IKEA's Rs 10,500 crore FDI proposalAs of now, IKEA's will be the largest investor in single-brand retailing ever since govt allowed foreign investment in this sector.
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