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Ikea looks at next round of investment in India after fulfilling Rs 10,500-cr promise

IKEA is planning the next round of investment in India to expand its presence, increase sourcing, and further build its volume. The company has exhausted its initial commitment of Rs 10,500 crore and is formulating plans for the next level of investment. IKEA's India CEO believes that India has great growth potential and sees it as a huge opportunity market. The company is focusing on the South and West regions but is also considering expansion to other cities such as Lucknow and Chandigarh. IKEA is also working to increase sourcing from Indian markets for its global retail operations.

India , Delhi , Pune , Maharashtra , Mumbai , Bengaluru , Karnataka , Hyderabad , Andhra-pradesh , Sweden , Lucknow , Uttar-pradesh

Ikea issues 'half price' message to shoppers and says 'until August'

Ikea issues 'half price' message to shoppers and says 'until August'
birminghammail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from birminghammail.co.uk Daily Mail and Mail on Sunday newspapers.

Turkey , United-kingdom , Ireland , Karen-hughes , Ikea-family-member , Ikea-plant-balls , Tomato-sauce , Small-cooked-breakfast , Ikea-united-kingdom , Ikea-family , Food-manager

Ikea offering half price food every Friday from next week - including its meatballs

The 50% offer which is available to Ikea "Family Members" begins on Friday, February 2, and will continue every Friday across stores until the end of August this year

Sweden , Ireland , Swedish , Karen-hughes , Ikea-hammersmith , Ikea-family-member , Plant-balls , Tomato-sauce , Small-cooked-breakfast , United-kingdom-ikea , Collection-points

Ikea's India sales rise 61% in FY23, but losses widen to over ₹1,134 cr, ET Retail

Ikea incurred a net loss of more than ₹3 crore every day on average in India in the last financial year, reflecting large-scale investments. Sales in India surged 61% to ₹1,768 crore in FY23 due to new stores. Net losses widened to more than ₹1,134 crore due to investments in infrastructure. Ikea is working on positioning and growth in India, opening smaller stores. Operations were impacted by the pandemic, but management is optimistic. Ikea plans to serve 200 million people by 2025 and open more stores.

India , Ikea , Lipkart , Kea-india-sales , Wedish-retailer-ikea , Kea-stores ,

Ikea adds doorstep delivery facility in 62 new markets, expects higher demand via online channels

Ikea has introduced doorstep delivery facility in 62 new markets in India and plans to launch its Shop By Phone assistance service. The company expects online demand to increase, as it currently accounts for 25% of its sales in India. Ikea's India CEO, Susanne Pulverer, stated that online sales will continue to grow but will not surpass those from physical channels.

India , Karnataka , Telangana , Andhra-pradesh , Susanne-pulverer , Ikea-india , Shop-by-phone , Ikea , Doorstep-delivery , Online-sales ,

IKEA announces doorstep deliveries in 62 new markets

Shoppers in Maharashtra, Karnataka, Telangana & Andhra Pradesh gain access.

Hyderabad , Andhra-pradesh , India , Telangana , Karnataka , Sweden , Swedish , Susanne-pulverer , Shop-by-phone , Ikea , E-commerce

Ikea to cut prices, widen online presence in India

India Business News: Ikea plans to cut prices in India due to lower inputs costs. The company's parent company, Ingka Group, is making efforts to lower prices globally. Ik

Sweden , Mumbai , Maharashtra , India , Swedish , Susanne-pulverer , Ingka-group , Business-news , Pulverer , Ikea ,