IKEA to double India workforce and sourcing by 2030 with 25 new stores across six cities
IKEA plans ~25 additional stores across formats in Hyderabad, Delhi-NCR, Bengaluru, Mumbai, Pune and Chennai, adding 350 leaders and doubling its workforce. It aims to lift local manufacturing to 30% of range and grow India into a €400 million export hub via 45 suppliers.
IKEA plans to double its India workforce and global sourcing by 2030, opening ~25 stores across formats in six major cities, adding 350 leaders, and boosting local manufacturing to make India both a retail market and export hub.
Why this matters
The expansion deepens IKEA's India bet, following its product hub launch targeting 50% local sourcing and Delhi-NCR online deliveries from a Gurugram warehouse in early 2025.
Store-opening activity steady with 1,093 signals in the past 90 days.