Ikea to invest Rs 5,000 crore in UP

The investment would create over 8,000 direct and indirect job opportunities in the state, said Ikea in a statement.

Dec 21, 2018, 11:46 AM IST

How Ikea's latest innovation could help bring down pollution over north India

Several north Indian cities suffer from high pollution levels which see a spike due to the burning of straw in farms during the autumn months.

Nov 16, 2018, 08:18 AM IST

Worm in food fallout: IKEA Hyderabad stops selling Veg Biryani and Samosa

IKEA India Wednesday said it has stopped selling vegetable biryani and samosa in its 1,000 seater restaurant located at its store here, days after a customer allegedly found a worm in the food served to him.

Sep 05, 2018, 22:32 PM IST

After IKEA, UAE's Danube Home to open store in Hyderabad

Danube, said to be the biggest home furnishing company in the Middle East, has taken leased premises to open the store at Kothaguda, near HITEC City.

Aug 09, 2018, 13:04 PM IST

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

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

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

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

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

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, 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