IKEA to Double India Investment to Over Rs 21,000 Crore by 2030
IKEA plans to more than double its India investment to over Rs 21,000 crore by 2030, targeting 30 stores, Rs 8,000 crore turnover and a doubled workforce. The retailer is pushing omni-channel with 30% online sales and building two Lykli mixed-use centres in Delhi-NCR.
IKEA plans to more than double India investment to over Rs 21,000 crore by 2030, targeting 30 stores, Rs 8,000 crore turnover, doubled workforce and sourcing, with omni-channel expansion and two Lykli mixed-use centres in Delhi-NCR.
Why this matters
IKEA is scaling India aggressively, echoing earlier plans to double workforce and sourcing with ~25 new stores across six markets. The Rs 21,000 crore commitment and Lykli centres deepen its omni-channel and real estate bets.
Retail-company signals accelerating at +785700% QoQ.