The company opened its second India store on the outskirts of Mumbai in December and another in the southern city of Bengaluru is now on course to be completed in 12 months
48,000 sq m land acquired in Noida; experts say proposed mall will take 2-3 years to build
Furniture retailer IKEA India saw its net loss widen to Rs 720.1 crore in the financial year ended March 2020
Players counting on omni-channel retail, affordable products
After first store in Hyderabad in 2018, firm took online route with e-stores in Mumbai, Hyderabad and Pune. Latest launch indicates it will pursue its big-box retail plans in India
The company has committed to completing the project by 2025.
With the changing consumer behaviour due to the health crisis, online business will play a "very important role" for IKEA, which plans to expand in India with an omni-channel approach
The total number of COVID-19 cases in India has now climbed up to 236, including foreigners, the Union Health Ministry said on Friday.
Betzel also said the retailer had no plans to increase product prices following the government's recent move to raise import duties on items such as furniture and kitchenware.
HomeTown and Homestop to expand their product portfolios, tapping a wider set of consumers
One of the trickiest elements of the furniture business is offering the right combination of variety, quality and price
Ikea's officials and the company's 800-strong Hyderabad team celebrated the first year of its first India store on Friday
Ikea has identified Mumbai as the first city where it will begin its online service and is expanding the reach of home delivery through its pilot launch
The company intends to reach 200 million Indians in the coming three years through different channels as it looks at India as a new and expanding retail market
The furniture giant works with local tech startups to cater to the Indian customer's love of shopping on mobile apps
'When it comes to the local range in India such as idli maker, chapatti maker, it is fantastic to see how people are appreciating those,' says Ikea India CEO
Apologising over the "unfortunate experience", IKEA said it is investigating the matter and will take corrective action
The Swedish furniture maker looks to leverage the hype around its brand to boost its chances in the battle for market share
What is an Ikea, Sirji: a pictorial tour
Drawn by the aggressive marketing campaign including advertisements with the prices of affordable products, a large number of visitors from several parts of the city thronged IKEA's store