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 to raise its India sourcing to 50% from 30%IKEA plans to increase its sourcing from India to 50%. Currently, it stands at 30%. Benjamin Dausa, Sweden's minister, announced this. He u...
11 Jun, 2025, 11.35 PM IST
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...
11 Jun, 2025, 09.55 PM IST
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...
01 Jun, 2025, 04.33 PM IST
Ikea to relocate purchasing office to Bengaluru from Gurugram"If a co-worker chooses not to move to Bangalore, we will do our utmost to support them in finding job opportunities within IKEA such as IK...
24 Jun, 2022, 07.16 PM IST
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...
06 Oct, 2020, 05.49 PM IST
India procurement for global operations may be counted for local sourcing obligationsThe department of industrial policy and promotion (DIPP) is drafting guidelines which will provide relief to global retailers.
11 Oct, 2017, 12.27 AM IST
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...
10 Jun, 2016, 01.00 PM IST
IKEA to open first India store at Hyderabad in 2017IKEA will open its first store in India at Hyderabad in the second half of 2017 even as it scouts for more sites in Delhi-NCR, Mumbai and B...
06 Mar, 2016, 12.21 PM IST
Ikea to make India global sourcing hub for bamboo productsFurniture made from bamboo, one of the fastest-growing plants, accounts for about 1% of Ikea's global sales of EUR 30 billion (about Rs 2,2...
19 Feb, 2016, 07.34 AM IST
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...
26 Sep, 2014, 11.35 AM IST
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.
29 Nov, 2013, 02.23 AM IST
CCEA paves way for IKEA's Rs 10,500-crore investment plan in IndiaThe government has cleared IKEA's Rs 10,500-crore investment proposal, the biggest investment in single-brand retail since the policy was l...
09 May, 2013, 02.40 PM IST
IKEA can’t use exports to meet sourcing normsIKEA cannot use its global procurement of products to satisfy the Indian demand of mandatory sourcing from the country.
01 May, 2013, 05.00 AM IST
- Coke, Ikea plans prove government has not lost direction: Anand Sharma
Coca-Cola had announced on Tuesday that it would invest $5 billion in India by 2020 in various activities, including setting up of new bott...
28 Jun, 2012, 07.25 AM IST
- Commerce minister says mutli-billion dollar investmet plans by Coca Cola, Ikea shows govt not lost
"We welcome investment of $ 5 bn by Coca Cola and Euro 1.5 bn by IKEA that is coming in. It is good news and things are moving. It's not th...
27 Jun, 2012, 09.07 PM IST
- IKEA entry will empower small units: Anand Sharma
The entry of retail giant IKEA will help empower small and medium enterprises further, while the government will continue to protect the in...
27 Jun, 2012, 04.59 PM IST