IKEA accelerates India rollout: 4-6 new stores yearly, local sourcing to hit 50% by 2030
IKEA is shifting India strategy into higher gear with 4-6 new touchpoints annually across Hyderabad, Navi Mumbai, Bengaluru, Noida, Gurugram and Pune, blending large-format and city-centre formats. Local sourcing rises from 30% to 50% by 2030 via 45 suppliers, with Pune and Gurgaon hubs anchoring a 90%+ EV last-mile fleet.
IKEA plans accelerated India expansion with 4-6 new touchpoints annually, mixing large-format and city-centre stores. Local sourcing to rise from 30% to 50% by 2030, backed by Pune and Gurgaon distribution hubs and 90%+ EV last-mile fleet.
Why this matters
Builds on IKEA's recent moves to deepen India roots, including its fourth global product development centre and new India design arm for locally-relevant home goods.
Store-opening activity holding steady at 169 signals over the last 90 days.