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IKEA FURNITURE PRICES
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...
Bommai inaugurates Ikea's store in Bengaluru, urges management to give more jobs to localsThe Swedish multinational, the chief minister told the media, has decided to invest Rs 3000 crore over a period of time, and has assured hi...
IKEA India to source more products locally amid rising inflationThe company's fourth Indian store, its biggest, opens in the Indian tech hub of Bengaluru in Karnataka on Wednesday, four years after Ikea ...
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...
Ikea ready to invest more than Rs 10,500 crore in IndiaOn the eve of opening its second brick-and-mortar store in the country in Navi Mumbai, Peter Betzel, CEO at Ikea India, said, India is set ...
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...
More custom duty from furniture to kitchenware: Multiple duties singe IkeaBudget raised custom duties on wooden furniture, tableware etc. Ikea imports about 75% of its products.
IKEA inks pact with Rustomjee Group to offer furnished homesIKEA India will provide ready-to-assemble furniture for around 1,200 apartments in Rustomjee’s project Global City Virar near Mumbai.
IKEA inks pact with Rustomjee Group to offer furnished homesIKEA Group is the first major single brand retailer to get FDI approval and plans to open several stores and multiple touch points across t...
Ikea is localising and lowering India pricesThe Swedish home furnishing company is focused on two things: localisation and competitive prices.
Urban Ladder to push budget offeringsThe company is set to sharpen its focus on lower-priced products and ensure this segment comprises 20% of its entire merchandise.
Ikea not to hike prices of low-end furniture productsPatrik said Ikea is a global company and it would appreciate global trade, but would not be happy with trade barriers such as customs tarif...
Maharaja sofa: Swedish IKEA stares at a king-size challenge in IndiaIKEA will have to contend with the opulent aesthetic of Maharaja sofa, a symbol of richness for the middle class.
IKEA's first India store will come up by mid-2018The furniture retailer has invested Rs 1,000 crore in 2 years — nearly 10% of the rs 10,500-crore committed by it for opening 25 stores by ...
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 France may slow store openings as web sales take offIKEA, the world's biggest furniture retailer, may slow the pace of planned new store openings in France as it increasingly looks to e-comme...
Ikea to invest $500 million more in India, eyes 25 stores in 10 yearsThe new stores, each needing investment of around Rs 500 cr, will come in the cities like Mumbai, Delhi, Hyderabad and B'lore, the Swedish ...
Domestic furniture brands revise plans to brace IKEA competitionThe green signal to IKEA for its 100% single brand venture in India has set domestic furniture makers in a frenzy leading most of them to r...
Why you should look forward to IKEA's entry into IndiaThe entry of the 24.7-billion euro Swedish giant will bring in many other positive direct and indirect benefits for India.
FDI in retail: India awaits world's biggest furniture manufacturer 'Ikea'If Ikea finally sets up shop here, it might find a market ready and waiting for its affordable yet distinct brand of furniture.