Ikea, 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...

On 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 ...

This is a departure from Ikea’s original 2013 India plans when the government cleared the Swedish retailer’s application to invest Rs 10,50...

Budget raised custom duties on wooden furniture, tableware etc. Ikea imports about 75% of its products.

IKEA India will provide ready-to-assemble furniture for around 1,200 apartments in Rustomjee’s project Global City Virar near Mumbai.

IKEA Group is the first major single brand retailer to get FDI approval and plans to open several stores and multiple touch points across t...

The Swedish home furnishing company is focused on two things: localisation and competitive prices.

The company is set to sharpen its focus on lower-priced products and ensure this segment comprises 20% of its entire merchandise.

Patrik said Ikea is a global company and it would appreciate global trade, but would not be happy with trade barriers such as customs tarif...

IKEA will have to contend with the opulent aesthetic of Maharaja sofa, a symbol of richness for the middle class.

The 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 ...

One 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, the world's biggest furniture retailer, may slow the pace of planned new store openings in France as it increasingly looks to e-comme...

The new stores, each needing investment of around Rs 500 cr, will come in the cities like Mumbai, Delhi, Hyderabad and B'lore, the Swedish ...

The 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...

The entry of the 24.7-billion euro Swedish giant will bring in many other positive direct and indirect benefits for India.

If Ikea finally sets up shop here, it might find a market ready and waiting for its affordable yet distinct brand of furniture.