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IKEA India News

22 Jun 2022

IKEA opens its largest store in India in Bengaluru, plans to invest Rs 3000 cr

The store will also house one of the largest children's play areas. IKEA Nagasandra store will feature more than 7,000 well-designed home furnishing products. IKEA has employed 1,000 co-workers with 72 per cent of local co-workers.

25 May 2022

WEF 2022: IKEA to open store in Bengaluru in June

The IKEA store (furniture) is set to be inaugurated at Nagasandra in June. IKEA said the store in Bengaluru would be IKEA's third in the country after Mumbai and Hyderabad.

24 Feb 2022

Meet Susanne Pulverer, the first woman CEO of IKEA India

Pulverer takes over from the outgoing India CEO Peter Betzel. She is an experienced IKEA leader, and in her previous roles.

24 Feb 2022

IKEA India appoints Susanne Pulverer as first woman CEO

Pulverer is first woman CEO for IKEA India biz. She will replace Peter Betzel. This will be the third stint in India for Pulverer.

09 Dec 2021

IKEA launches first small-format city store in Mumbai: In Pics

IKEA has opened its first small-format city store at Worli, Mumbai.

Yogi Adityanath

20 Feb 2021

IKEA in Uttar Pradesh soon! Check out what the new mall has to offer

The Yogi Adityanath government in Uttar Pradesh has signed an MoU with IKEA, the largest furniture and home applications company of the world, which will invest Rs 5500 crore in Uttar Pradesh during the next five years. Starting with Noida, IKEA plans to open at least three major outlets in Purvanchal and central UP. The plans for other outlets will be finalized with the opening of Noida Centre.

19 Feb 2021

Hurray! IKEA's first shopping mall coming in Noida

IKEA given land parcel measuring nearly 50,000 sq metres in Noida. Allotment made in Sector 51. UP govt gets Rs 850 crore for deal.

Global home furnishings

18 May 2017

IKEA starts work on Navi Mumbai store; to open in January 19

Global home furnishings retailer IKEA will open its second store in the country in Navi Mumbai in January 2019 with an investment of around Rs 1,000 crore.

08 Mar 2016

IKEA to invest Rs 2,000 cr in Haryana; signs MoU with state

Swedish furniture retailing giant IKEA Tuesday signed a memorandum of understanding with Haryana government and said it will invest an estimated Rs 2,000 crore to open its stores in the state.

03 Dec 2015

IKEA India staff to get Rs 1.12 lakh as pension pay-out

The company said it has put another Rs 737 crore into the pension fundings of its co-workers all over the world.

04 Nov 2015

IKEA seeks relaxation local sourcing norms in India

Swedish home furnishings major IKEA has sought relaxation from the government for five years over mandatory 30 percent local sourcing norms from opening of its first store in India.

17 Sep 2015

Working on sustainable model for sourcing in India: IKEA

Swedish furniture retail giant IKEA Thursday said it is working on a long-term sustainable model for raw material sourcing in India.

25 Aug 2015

India a very important market for us: IKEA

Global home furnishing major IKEA is betting big on India as the next major destination for its global expansion plans.

11 Feb 2015

IKEA plans to ramp up sourcing in India, eye new categories

Swedish furniture retail major IKEA is mulling increasing sourcing of items from India and widening its supplier base in the country.

10 Feb 2015

IKEA India CEO to meet DIPP Secy, to discuss e-commerce

"The meeting between Kant and Maeztu will discuss its 'make more in India' initiative of the company to increase sourcing from India as the company wants to produce maximum products in India," a source said.

10 Dec 2014

IKEA to double sourcing from India by 2020

World's largest furniture retailer Ikea Wednesday announced a new initiative 'Make More in India' as it plans to double its sourcing from the country to about 630 million euro by 2020.

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