Swedish home decor and furniture retailer Ikea is bolstering its bets on India as a sourcing market for its global and local operations.The company, which has a network of about 40 home furnishing ...

Swedish home furnishing company IKEA plans to increase local sourcing to 50% from the current 27%, its newly appointed chief financial officer Murali Iyer told FE. However, he did not give a time ...

Although IKEA plans to gradually ramp-up local sourcing, one challenge to keeping ... The foray into India comes at a time when IKEA’s growth has slowed in some of its established markets ...

IKEA built a number of factories in China and increased local sourcing of materials ... For India to kick its economy back to the growth rates necessary for meeting the aspirations of its citizens ...

The group is also preparing investment plans to open more stores in India and step up local manufacturing ... s position as a sourcing hub and also assist the growth of Ikea in India.

Ikea is increasing its sourcing from India, aiming for 50% local sourcing by 2030 ... he said similar growth is expected in FY26. IKEA has launched online delivery services for Delhi-NCR and ...

As we continue to strengthen our omni-channel growth in the country ... the company is increasing its local sourcing to reduce import costs and improve supply chain efficiencies, further reinforcing ...

Furniture producer Inter Ikea Group's supply chain unit is sharpening its focus on automation and innovation in China, the global company's biggest sourcing market, a senior executive said.

"Ikea in India maintained a solid sales growth despite no price increase and ... "Chapter one was the sourcing and foundation and then getting the first door up and running. And then the intention ...

After achieving sales growth, Ikea has cut its prices on hundreds of products and will pay bonuses to its staffers, the retailer announced Thursday. Ikea reported a “record year” with over $6. ...