IKEA to double India workforce and sourcing by 2030, adding ~25 stores across six markets

IKEA plans to grow to more than 5,000 co-workers, add roughly 25 stores in new formats across Hyderabad, Delhi-NCR, Bengaluru, Mumbai, Pune and Chennai, and expand local manufacturing to 30% of range while scaling exports beyond €400M — positioning India as both a retail market and global sourcing hub.

— Filed Tue, 14 Jul, 2026, 19:36 IST · Source CNBC-TV18 · Companies · Updated

IKEA plans to double its India workforce and sourcing by 2030, adding ~25 stores across new formats in six major markets, expanding local manufacturing and export value from €400M, positioning India as both retail market and global sourcing hub.