Ikea looks at next round of investment in India after fulfilling Rs 10,500 crore promise

Ikea looks at next round of investment in India after fulfilling Rs 10,500 crore promise

NEW DELHI: Swedish furniture retailer IKEA is looking at the next round of investment in India after exhausting its commitment of Rs 10,500 crore when it entered the country 10 years back, according to the company’s India CEO Susanne Pulverer. The company, which kicked off its retail operations in India with the opening of its … Read more

Ikea to cut prices, widen online presence in India

Ikea to cut prices, widen online presence in India

MUMBAI: Swedish home furnishing retailer Ikea is planning to cut prices of its products in India amid softening of inputs costs, the company’s India CEO and chief sustainability officer Susanne Pulverer told TOI. “We are now seeing positive development in the prices of products (raw materials) we purchase. Globally, within the Ingka Group (parent company), … Read more