Ikea India

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After Rs 10,500 crore infusion, Ikea plans further investment in India

Ikea India on Tuesday also announced its second price cut, which is 16-39% across its products

Racism allegations at Ikea Hyderabad store; Minister KTR says 'appalling'

The Ikea showroom here has landed in an alleged racial controversy after senior journalist Nitin Sethi tweeted that his wife, hailing from Manipur was frisked while others before were not, with senior Telangana Minister KT Rama Rao on Monday describing the incident as "appalling." Sethi further alleged that the person who checked his wife's shopping bags, even sniggered at the fact that she had bought everything and didn't even care to reply why she was singled out. "Racist treatment at @IKEAIndia store in Hyderabad. Only my wife, from Manipur got frisked for goods she bought. No one else before us. And then all supervisory staff came to defend the racism. Great show from an 'international store'. Cheers to another usual day," Sethi tweeted on Sunday. "And the supervisors said, yeah call police if you want, we will deal. And it didn't end there. Daily racism that our people face," he said in another tweet. Responding to Sethi's allegation, Ikea India in a tweet said it believes tha

IKEA's retail operator to invest 500 mn euros to open city centre in Noida

In India, IKEA has opened smaller stores within city limits as it aims to be closer to the customer

Ikea India increases prices of some products as inflation bites

'We have done some adjustments where it's possible, and we have protected (price points) to be affordable at lower prices'

Ikea to relocate purchasing office to Bengaluru from Gurugram in May 2023

The company is providing relocation support to its employees, who opt to move to a Bengaluru under the "relocation policy"

Mulling smaller stores in other cities to expand India biz: IKEA chief

In a Q&A, Susanne Pulverer says the Swedish firm aims at 5 mn footfalls at its new mega store in Bengaluru this year

Ingka-owned IKEA India to launch first store in Bengaluru on June 22

IKEA India (part of the Ingka Group), Swedish home furnishings retailer, said it will launch its first store in the city, on June 22

IKEA is planning to raise local sourcing in India to 50%: Susanne Pulverer

Ikea also intends to add more stores in Mumbai as it calls out Maharashtra as an important market

IKEA India to increase local sourcing, says CEO Susanne Pulverer

Local sourcing through partnerships will make a positive impact on the economy and society not just in retail but also in all allied sectors and services, she said

Sweden-based IKEA India appoints Susanne Pulverer as first woman CEO

This will be the third stint in India for Pulverer, who had joined IKEA in 1997 and worked across different roles within the Ingka Group firm, IKEA said in a statement

How does Ikea's Peter Betzel plan to expand and invest in India?

In an interview with Business Standard's Sharleen D'Souza, Peter Betzel, chief executive officer and chief sustainability officer of Ikea India, shares the company's expansion and investment plans

TMS Ep63: GST council meet, Ikea India CEO, markets, MF Central

What's the expectation from upcoming GST council meet? How does Ikea India CEO Peter Betzel plan to expand? Where are global equities headed next year? What is MF Central? Find all answers here

Ikea India CEO sees 30% of sales coming from online orders due to Covid

In a Q&A, Peter Betzel, CEO and chief sustainability officer of Ikea India, talks about the company's expansion plans in India

IKEA malls business to invest Rs 7,000 cr in India, says top executive

IKEA's malls business said it was building two centres in Gurugram and Noida

IKEA to launch first small-format city store in Mumbai on Thursday

The Swedish furniture giant is set to launch the store at Worli

After Gurugram plans, Ikea eyes mega presence in Delhi to boost growth

After announcing its plans to enter Gurugram, Sweden-based Ingka Group's home furnishings brand Ikea plans to have stores in Delhi as well as Noida.

IKEA's malls business to build first shopping centre in India in Gurugram

Managing Director Cindy Andersen says company expected to complete the centre, which will besides an IKEA store also house office space, in late 2025

IKEA to launch India's first city store in Mumbai's Worli

Swedish home furnishings retailer IKEA on Tuesday said it is going to open its first-ever city store in India at Mumbai, which would be more accessible to its customers in the city

Ikea steps up online presence in India, to roll out shopping app

The app will be available on both Android and iOS platforms and will offer 7,000 products at competitive price points