Ikea looking at next phase of investments in India, plans smaller format stores in adjacent marketsIkea is planning its next phase of growth in India, focusing on small-format stores and online expansion. The company will start online sal...
09 Sep, 2024, 05.15 PM IST
Ingka Centres to invest Rs 5500 crore in developing a shopping destination in NoidaIngka Centres, part of the Ingka Group including Ikea, will invest nearly €600 million in a shopping destination with office space and a ho...
09 Sep, 2024, 12.21 PM IST
Ingka Centres to to open its first retail centre in India in 2025The company is investing 400 million euros (around Rs 3,500 crore) in the Gurugram project. It is also planning a similar centre in Noida, ...
05 Jul, 2023, 09.16 PM IST
IKEA bets on remote interior design as AI changes sales strategyIn the UK, customers pay 25 pounds ($31.44) for a 45-60 minute interior design advice video call and suggested product list, and can pay 12...
13 Jun, 2023, 01.50 PM IST
Ikea India raises Rs 600 croreIngka Centres, part of the Ingka Group had recently said that it will invest close to Rs 7500 crore in developing two shopping destinations...
22 Sep, 2022, 09.15 PM IST
Ingka Centres to set up two outlets in NCR for Rs 7,500 croreIngka Group received the Indian government’s approval to invest Rs 10,500 crore in the country to open big-box stores in 2013. The proposed...
17 Aug, 2022, 12.40 AM IST
Ingka Group to invest 900 million euros in India to open city centres at Gurugram and NoidaAccording to a top company official, Ingka Group (which also includes IKEA Retail and Ingka Investments) on Tuesday started construction wo...
16 Aug, 2022, 04.43 PM IST
IKEA India opens its first Bengaluru Store at Nagasandra, BengaluruSpread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-desig...
21 Jun, 2022, 12.48 PM IST
Ingka Group to open its first shopping centre in India at Gurugram, to invest Rs 3,300 croreThe government is committed to provide best support to facilitate a smooth investment flow into the state. This project will not only estab...
23 Nov, 2021, 07.22 PM IST
Ikea launches shopping app in IndiaThe IKEA app would be available on both platforms -- iOS and Android -- and will offer 7,000 home furnishing products, said a statement.
27 May, 2021, 11.23 AM IST
IKEA to invest Rs 5,500 crore at Noida facility, says Noida authorityIKEA had earlier announced plans to open 25 stores in India, but it has now rejigged its expansion plans with a new ambition to serve 100 m...
19 Feb, 2021, 01.05 PM IST
IKEA India FY20 results: Net loss widens to Rs 720 cr; sales up 64.7% at Rs 566 crThe company had registered a loss of Rs 685.4 crore in the financial year ended March 2019, according to Registrar of Companies filing shar...
25 Dec, 2020, 06.00 PM IST
Swedish furniture retailer IKEA to adopt omni-channel approach for expansion in IndiaWith the changing consumer behaviour due to the health crisis, online business will play a “very important role” for IKEA, which plans to e...
27 Sep, 2020, 01.09 PM IST
Swedish furniture giant IKEA Retail sets up global operations centre in IndiaThe move will help to streamline, simplify, and standardise ways of working and operations, while diversifying the overall digital footprin...
17 Sep, 2020, 08.38 PM IST
Ingka Grp hikes sustainability investment by 600 million euro for next 12 monthsThe funds would be invested in companies and solutions that have a direct impact towards the Paris Agreement and the UN Sustainable Develop...
03 Sep, 2020, 05.08 PM IST
Ikea may entice with malls next to its big storesIkea is exploring possibilities of building shopping malls and entertainment facilities next to some of its upcoming standalone stores, or ...
24 Jan, 2020, 11.50 AM IST
IKEA Group plans to cut 7,500 administrative jobsAt the same time, the group, which owns 367 IKEA stores, estimates it will create 11,500 new jobs in the period as it expands with new stor...
21 Nov, 2018, 07.45 PM IST