ikea-in-india - Latest News on ikea-in-india | Read Breaking News on Zee News

IKEA evinces interest in setting up shop in UP

Last Updated: Thursday, October 24, 2013, 12:32

During meeting it was informed that IKEA planned to establish its stores in four states and UP was high on their priority.

IKEA looks at Haryana, Andhra, Maharashtra, K'taka for stores

Last Updated: Monday, August 12, 2013, 17:37

The company's plan was conveyed by IKEA CEO Mikael Ohlsson, who met Commerce and Industry Minister Anand Sharma here Monday, sources said.

IKEA's Rs 10,500 cr FDI proposal gets Cabinet nod

Last Updated: Thursday, May 02, 2013, 21:12

The government Thursday formally allowed Swedish furniture major IKEA to invest Rs 10,500 crore for setting up single brand retail stores to sell mostly home furnishing items.

Decision on IKEA proposal: CCEA meeting postponed

Last Updated: Wednesday, May 01, 2013, 09:18

The meeting of Cabinet Committee on Economic Affairs, which was scheduled to consider the Rs 10,500 crore proposal of Swedish furniture major IKEA, did not take place Wednesday due to paucity of time.

'IKEA will not be allowed to sell food items in India'

Last Updated: Monday, April 22, 2013, 15:56

Global furniture major IKEA will be allowed to run cafes and restaurant within its single brand stores in India but not sell food items, Parliament was informed Monday.

FIPB to review IKEA proposal next week

Last Updated: Friday, January 18, 2013, 19:33

The Finance Ministry will review next week IKEA's big-ticket investment proposal to open cafeterias at proposed retail outlets of the Swedish furniture maker in the country.

FinMin to review IKEA's FDI proposal on Monday

Last Updated: Wednesday, December 26, 2012, 17:55

The proposal will come up before FIPB on December 31.

IKEA's proposal to invest in single-brand retail gets FIPB nod

Last Updated: Tuesday, November 20, 2012, 17:58

Government's single-window body to clear foreign investment proposals, FIPB, Tuesday cleared Swedish furniture major IKEA's Rs 10,500-crore project, the largest FDI in single-brand retail so far.

IKEA proposal approved by Commerce Ministry: Anand Sharma

Last Updated: Sunday, November 18, 2012, 19:11

Specifically referring to IKEA's proposal, Sharma said, it has been "approved by us, now it is with the FIPB."

FinMin likely to take up IKEA's Rs 10,500cr proposal on Nov 20

Last Updated: Tuesday, October 30, 2012, 21:03

The Finance Ministry said the next meeting is scheduled for November 20. It, however, said "agenda for the meeting will follow".

No resale of old collected furniture, IKEA assures Govt

Last Updated: Sunday, October 14, 2012, 12:09

"It is clarified that no old furniture/products collected will be sold from the IKEA retail stores or sold by IKEA Group for profits," it said.

Ikea may create new product range for Indian market

Last Updated: Thursday, October 11, 2012, 00:06

The Swedish home decor firm, the world's largest furniture maker, in June announced 1.5 billion euros (Rs 10,500 crore) investment in India.