IKEA India to more than double investment to over Rs 21,000 cr by 2030
IKEA plans to lift its India commitment past Rs 21,000 crore by 2030, adding 25 stores for a 30-store network, doubling local sourcing and workforce to 5,000, and quadrupling turnover to Rs 8,000 crore. Omni-channel push targets 30% online sales across Delhi-NCR, Hyderabad, Bengaluru and Mumbai.
IKEA plans to more than double India investment to over Rs 21,000 crore by 2030, adding 25 stores, doubling local sourcing and workforce, and quadrupling turnover to Rs 8,000 crore via store and omni-channel expansion.