IKEA India targets 4x sales to ₹8,000 cr by 2030 with 25 new stores
IKEA India plans to quadruple sales to ₹8,000 crore by 2030, backed by ₹10,500 crore in investments and 25 new large- and small-format stores. The retailer will double its workforce to 5,000, expand e-commerce to 30% of sales, and ramp up India sourcing and exports.
IKEA India plans to quadruple sales to ₹8,000 crore and more than double investments by 2030, adding 25 new stores across large and small formats, expanding e-commerce, and ramping up India sourcing and exports.
Why this matters
Builds on IKEA India's plan to more than double investment past ₹21,000 crore by 2030 and its ₹8,000 crore turnover target, alongside leadership moves like appointing Jessamine Avila as CMO.
Retail-brand signals are accelerating, up 300200% QoQ.
Also reported by
- The Hindu BusinessLine — Same time