Ikea India to turn profitable in FY28 IKEA India CEO Patrik Antoni has set a target for the company to turn profitable by the end of FY28.… Updated: March 6, 2026 20:34 IST
How Ikea is tweaking its retail strategy to align with the changing needs of the Indian market Premium Story Ikea’s broader plan also includes doubling its investments in the country to over Rs 20,000 crore ($2.2 billion) over the… February 19, 2026 09:38 IST
Ikea taps mid-sized stores in India growth push As the retailer doubles its investment to over Rs 20,000 crore, it aims to reach 30 stores by 2030 February 8, 2026 21:45 IST
‘I am emotionally biased towards India’: IKEA CEO urges investors to drop ‘pre-judgements’ IKEA CEO Juvencio Maeztu says he is “emotionally biased” towards India, calling it a long-term, 100-year market. January 22, 2026 13:18 IST
Ikea India FY25 revenue rises 6% on furniture demand The company said the furniture line led the sales for its India operations, but did not share revenue contribution to… Updated: November 12, 2025 11:00 IST
‘Made in India sourcing to touch 50% in next 5 years,’ says Adosh Sharma IKEA India’s Adosh Sharma discusses how the Swedish brand is blending global design with local tastes, ramping up Made-in-India sourcing… Updated: August 13, 2025 21:56 IST
IKEA opens its doors in Delhi after online presence IKEA opens its first Delhi store at Pacific Mall, offering 2,000 products, Swedish Cafe, and interior planning services. Part of… August 13, 2025 18:53 IST
India is a digital-savvy market Physical stores will always be the core of Ikea’s experience. Customers like to see and touch home furnishings before buying. February 28, 2025 05:30 IST
Ikea’s expansion plans to be mix of online & physical store Despite its expansion, Ikea India reported a widening loss of Rs 1,299.4 crore in FY24, though its revenue from operations… February 27, 2025 19:30 IST
Russia war: Will Trump ease sanctions and allow western companies’ return to Russia? As long as broad Western sanctions on Russia remain in place, that looks unlikely, but should U.S. President Donald Trump’s… Updated: February 20, 2025 14:59 IST
IKEA to soon begin online deliveries across Delhi-NCR: Report Currently, IKEA delivers only in Andhra Pradesh, Karnataka, Maharashtra and Telangana, where it also has physical stores in Hyderabad, Bengaluru,… February 13, 2025 10:53 IST
Stove Kraft enters into partnership with IKEA to develop, supply cookware to be sold through IKEA’S network Stove Kraft Ltd has entered into a strategic partnership with IKEA to develop a range of cookware to be sold… December 19, 2024 12:15 IST
Ikea plans 20% price cut in India The furniture retailer is cutting product prices across the world, including India. January 17, 2024 09:34 IST
‘This rat just dropped dead’: Bengaluru woman tweets food court horror! IKEA responds Tagging the Swedish furniture giant, Shettyy expressed her disgust over the bizarre incident. Updated: July 18, 2023 16:32 IST
India has been our biggest focus; We are working on similar projects in other segments too: Jeffrey Prins, Head of Renewable Energy, IKEA Foundation Last week, IKEA Foundation and SELCO Foundations on Friday launched a new initiative ‘Energy for Health’. The initiative has received… April 10, 2023 16:51 IST
IKEA and SELCO Foundations launch new initiative to make 25,000 PHCs energy efficient with solar power by 2026 The initiative will bring solar energy solutions with efficient medical and electrical equipment to 25,000 healthcare facilities in 12 states… April 7, 2023 23:14 IST
Ikea sets eyes on Tamil Nadu to build omnichannel presence Ikea made its debut in India with a 13-acre complex in Hyderabad in 2018. Updated: January 21, 2023 15:30 IST
Agreement over IKEA’s Russia sale could be reached in days, says Moscow IKEA decided to close its shops in Russia after Moscow sent tens of thousands of troops to Ukraine in February… Updated: December 29, 2022 10:58 IST
‘No association with Anil Ambani Group companies’ – Rel Infra, Rel Power distance from ex-execs arrested in ED probe