IKEA India to double investment past Rs 21,000 cr by 2030, targets Rs 8,000 cr turnover
IKEA India will more than double its investment to over Rs 21,000 cr by 2030, chasing Rs 8,000 cr turnover from current Rs 2,000 cr. Plans include roughly 30 stores, 25 new outlets in 3-4 years, a doubled 5,000-strong workforce, expanded local sourcing and mixed-use Lykli developments.
IKEA India plans to more than double investment to over Rs 21,000 cr by 2030, targeting Rs 8,000 cr turnover, roughly 30 stores, doubled workforce and sourcing, plus expanded omni-channel and mixed-use Lykli developments.
Why this matters
The expansion follows IKEA India's B2B push via Nila Spaces for ready-to-live homes across metro and tier-2 cities, and a growing 4-million Family loyalty base, signaling aggressive scale-up.
Retail-company signals are accelerating, up +781300% QoQ.