Ikea India aims to increase local sourcingIkea’s India unit plans to source 50% of its goods locally and open small-format stores in the National Capital Region ahead of its large c...
27 Feb, 2025, 09.41 PM IST
IKEA gears up for Delhi-NCR launch with strengthened supply chains, better demand forecastingWith an eye on its launch in the Delhi NCR market early next year, the Swedish furniture retailer is looking to corner a bigger chunk of In...
24 Jun, 2024, 11.09 AM IST
Ikea looks at next round of investment in India after fulfilling Rs 10,500-cr promiseIKEA is planning the next round of investment in India to expand its presence, increase sourcing, and further build its volume. The company...
04 Feb, 2024, 02.51 PM IST
Lowe's to open second capability centre in BengaluruThe 14,000 square-feet facility on Lavelle Road in Bengaluru will support the its growing workforce and continued hybrid workforce strategy...
30 Mar, 2022, 08.39 PM IST
KKR & Co is set to make Livspace a unicornThe KKR & Co. investment, the second by the private equity group in India’s technology space after Lenskart, will peg Livspace’s valuation ...
07 Jan, 2022, 05.50 AM IST
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 ...
18 Dec, 2020, 10.32 AM IST
BCM Group forays into the Bengaluru market with commercial projectsBCM also has a tie up with the Reliance Group and is developing the first Kokilaben Ambani hospital outside of Mumbai.
15 Oct, 2019, 12.18 PM IST
IKEA has an easy plan that can stop stubble burning, reduce pollution in DelhiIKEA said its long-term goal is to contribute to villages reaching zero rice-straw burning.
15 Nov, 2018, 05.20 PM IST
Changing consumer preference and cost pressures bringing rivals closer in FMCG & automobile sectorsWhy are rivals in the marketplace wishing each other well or collaborating on key manufacturing processes? Because these brands have unders...
22 Sep, 2018, 07.50 AM IST
How India’s middle class is drawing big MNC consumer companiesDomestic consumption will treble to $4 trillion by 2025 as rising affluence levels change consumer behavior.
30 Aug, 2018, 08.02 PM IST
Ikea to double India sourcing by 2020MD Jesper Brodin told ETat the co’s headquarters that Ikea is a production-based retailer, implying its commitment to local sourcing – a pr...
24 Apr, 2017, 01.14 AM IST
Centre assures fund to set up textile park in Arunachal PradeshGangwar said the ministry would release the second installment under North Eastern Textile Promotion Schemes shortly after completing the f...
28 Jun, 2016, 02.54 PM IST
IKEA to consider production unit in India"It is important for us to set up our production (unit) in India," IKEA Group President and CEO Peter Agnefjäll said.
09 Jun, 2016, 02.20 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
Cheer for cos like Apple, Rolex as government eases local procurement guidelines for single-brand retailIn a major leg-up for global brands such as Apple and Rolex, India has relaxed a mandatory local procurement condition for high-tech compan...
12 Nov, 2015, 02.15 PM IST
Hope Ikea won't face red tape in India: Annie Loof, Swedish Minister for Enterprise and Regional AffairsSweden is excited about furniture major Ikea's proposed India foray, but hopes it won't run into bureaucratic delays and taxation barriers.
02 Nov, 2012, 07.47 AM IST
- Several Congress ministers eyeing finance ministry job?
With Pranab Mukherjee out of the finance ministry, several Congress ministers have become very vocal on economic issues.
28 Jun, 2012, 03.16 AM IST