India Business News: IKEA plans next investment in India to expand presence, increase volumes, and sourcing. The company is looking at a potentially higher scale of invest
IKEA looks at next round of investment in India after fulfilling ₹Rs 10,500-crore promise thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
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.
We to invest to build presence in India: IKEA India CEO Susanne Pulverer thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Ikea looks at next round of investment in India after fulfilling Rs 10,500-cr promise dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Ikea adds doorstep delivery facility in new markets, expects higher demand business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
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.
Leading furniture retailer Ikea has introduced doorstep delivery facility in 62 new markets in India, and the company expects online demand to go up in the coming years, the company’s India CEO Susanne Pulverer said.
At present, Ikea India gets around 25 per cent of its sales through online