IKEA India targets ₹8,000 crore revenue and 30 touchpoints by 2030
IKEA plans to make India a global sourcing, product-development and export hub, raising local sourcing from 30% to 50% while expanding from seven stores to nearly 30 customer touchpoints across major city clusters.
IKEA India aims to quadruple revenue to Rs 8,000 crore by 2030, expand to nearly 30 touchpoints, lift local sourcing to 50%, and position India as a global product-development, manufacturing and export hub across six major city clusters.
Why this matters
The plan extends IKEA India's recent push toward 30 stores through smaller-city formats and its consideration of quick commerce, while complementing its kitchen-culture brand-building efforts.
Retail-company signals are accelerating, up 404033% QoQ.