Ikea

IKEA's first India store to offer over 7,000 products

IKEA's first India store to offer over 7,000 products

Ahead of the store launch planned in the spring of 2018, IKEA opened its experiential centre, providing a sneak peek into its products and solutions.

 

Nov 22, 2017, 19:20 PM IST
IKEA buys 10-acre plot in Gurugram for whopping Rs 842 crore

IKEA buys 10-acre plot in Gurugram for whopping Rs 842 crore

The site was put for e-auction three times earlier but had no takers till Ikea bid for it.

Nov 02, 2017, 07:53 AM IST

IKEA starts work on Navi Mumbai store; to open in January 19

Global home furnishings retailer IKEA will open its second store in the country in Navi Mumbai in January 2019 with an investment of around Rs 1,000 crore.

May 18, 2017, 13:15 PM IST
CII lauds opening up of FDI, says it will encourage global brands

CII lauds opening up of FDI, says it will encourage global brands

Welcoming the landmark decision to open up the FDI regime during a meeting chaired by Prime Minister Narendra Modi, the Confederation of Indian Industry (CII) on Monday said the relaxation of local sourcing norms under single brand retail trading for advanced technology products would encourage global brands to build up their participation in the country.

Jun 20, 2016, 18:25 PM IST
India opens the door for Apple retail with new FDI rules

India opens the door for Apple retail with new FDI rules

Apple Inc could open its first stores in India and might eventually start manufacturing in the country under new foreign investment rules for retailers outlined on Monday.

Jun 20, 2016, 18:14 PM IST

IKEA to sell 23 retail parks across Europe

The shopping centre arm of furniture giant IKEA is putting up for sale 23 outdoor retail parks across Europe, timing the sale to coincide with a commercial property market boom driven by low interest rates. 

May 21, 2016, 01:54 AM IST
IKEA to invest Rs 2,000 cr in Haryana; signs MoU with state

IKEA to invest Rs 2,000 cr in Haryana; signs MoU with state

Swedish furniture retailing giant IKEA Tuesday signed a memorandum of understanding with Haryana government and said it will invest an estimated Rs 2,000 crore to open its stores in the state.

Mar 08, 2016, 22:07 PM IST
IKEA India staff to get Rs 1.12 lakh as pension pay-out

IKEA India staff to get Rs 1.12 lakh as pension pay-out

The company said it has put another Rs 737 crore into the pension fundings of its co-workers all over the world.

Dec 03, 2015, 18:16 PM IST

IKEA seeks relaxation local sourcing norms in India

Swedish home furnishings major IKEA has sought relaxation from the government for five years over mandatory 30 percent local sourcing norms from opening of its first store in India.

Nov 04, 2015, 22:35 PM IST

Working on sustainable model for sourcing in India: IKEA

Swedish furniture retail giant IKEA Thursday said it is working on a long-term sustainable model for raw material sourcing in India.

Sep 17, 2015, 19:07 PM IST

India a very important market for us: IKEA

Global home furnishing major IKEA is betting big on India as the next major destination for its global expansion plans.

Aug 25, 2015, 16:46 PM IST

CCTV `shows Ikea suspect tried to kill self` after murders: Report

 CCTV footage from an Ikea store in Sweden where two people were stabbed to death earlier this week, show the alleged attacker trying to commit suicide, the Aftonbladet daily reported Wednesday.

Aug 13, 2015, 01:45 AM IST
IKEA buys land in Hyderabad, moves closer to opening India store

IKEA buys land in Hyderabad, moves closer to opening India store

IKEA, world's largest furniture retailer, today said it has purchased its first land in the country in Hyderabad, moving closer to its plan of setting up 25 stores in India at an investment of Rs 10,500 crore over the next decade.

Jul 10, 2015, 14:04 PM IST

IKEA raises minimum wage for US workers 2nd year in a row

Ikea's US division is raising the minimum wage for the second year in a row as the Swedish ready-to-assemble furniture chain looks to improve its relations with workers and reduce worker turnover.

Jun 24, 2015, 19:07 PM IST

IKEA to make home deliveries in all countries with stores

Swedish furniture giant IKEA announced Wednesday that it would expand its online sales service to include home deliveries in all countries where it has stores.

Jun 03, 2015, 23:52 PM IST

Ikea kills world's most ambitious 'hide-and-seek' game

 A hide-and-seek match with more than 32,000 Facebook signees has been squashed by Ikea, a report said.

Mar 17, 2015, 14:20 PM IST

Ikea turns furniture into wireless phone chargers

Global furniture giant Ikea announced on Sunday the launch of desks, tables and lamps that will wirelessly charge phones and other devices.

Mar 01, 2015, 20:52 PM IST
Now, futuristic furniture that can charge your smartphones

Now, futuristic furniture that can charge your smartphones

A new range of futuristic furniture has been developed that can charge smartphones, which that will bring an end to wire-filled rooms.

Mar 01, 2015, 13:37 PM IST

IKEA plans to ramp up sourcing in India, eye new categories

Swedish furniture retail major IKEA is mulling increasing sourcing of items from India and widening its supplier base in the country.

Feb 11, 2015, 14:38 PM IST

IKEA India CEO to meet DIPP Secy, to discuss e-commerce

"The meeting between Kant and Maeztu will discuss its 'make more in India' initiative of the company to increase sourcing from India as the company wants to produce maximum products in India," a source said.

Feb 10, 2015, 22:13 PM IST