Budget 2024: Digital infra push to drive innovation: IKEA India CEO
“We aim to deepen the Make in India initiative to help us cater to both domestic and export markets,” says IKEA India’s Chief Sustainability Officer Sussanne Pulverer.
“We aim to deepen the Make in India initiative to help us cater to both domestic and export markets,” says IKEA India’s Chief Sustainability Officer Sussanne Pulverer.
The Swedish retailer aims to source locally 50% of what it sells in India.
The startup says it will enter new markets and double down on brand building in India and Singapore.
Giving the Indian artisan community an opening in the global market is gaining momentum. The Indian arm of Ikea is also looking at selling its Indian handcrafted collections across its stores globally
Launches its first smaller-format store in Mumbai. Apart from metros, the Swedish retailer is also eyeing tier-2 cities.
The furniture retailer’s CEO and co-founder Ashish Goel says the company’s decision to cut overheads and lay off some employees will see it turn a profit before tax in the April-June quarter.
Move follows a customer complaint about a worm in the dish.
Ikea’s Peter Betzel talks about the furniture brand’s vision for India and its first restaurant here.
As the Swedish furniture maker gears up for the opening of its first store and restaurant in the country, it is bullish on the India growth story.