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IKEA says will continue to do business with Welspun India, to await sales probe outcome

Aug 24, 2016

IKEA says will continue to do business with Welspun India, to await sales probe outcome

Welspun's shares have plummeted this week after U.S. big-box retailer Target terminated business with the firm, saying it had passed off cheap sheets as premium Egyptian cotton #IKEA #Welspun India #Target #Egyptian cotton #swedish home furnishing
Ikea to double sourcing from India to euro 600 mn in 4 yrs

Aug 11, 2016

Ikea to double sourcing from India to euro 600 mn in 4 yrs

Ikea's first store to come in Hyderabad at an investment outlay of Rs 700 crore #FDI #IKEA #GST Bill #Juvencio Maeztu #Home Furnishing
Ikea breaks ground for first Indian store in Hyderabad

Aug 11, 2016

Ikea breaks ground for first Indian store in Hyderabad

The site is close to the IT hub in Hyderabad's HITEC city, and within easy access to public transport and next to an upcoming Metro line #IKEA #furniture retail #DIY furniture
IKEA to invest Rs 2,000 cr in Haryana; signs MoU with state

Mar 08, 2016

IKEA to invest Rs 2,000 cr in Haryana; signs MoU with state

Swedish furniture retailing giant IKEA today signed a memorandum of understanding with Haryana government and said it will invest an estimated Rs 2,000 crore to open its stores in the state. #FDI #Haryana #retail stores #IKEA #MoUs #Juvencio Maeztu
India receives $32.87 bn FDI in Oct-Sep; lukewarm investments in railway, defence sector

Nov 30, 2015

India receives $32.87 bn FDI in Oct-Sep; lukewarm investments in railway, defence sector

Several foreign companies have made announcements to invest in India including Cisco, LG, Quanta, Foxconn, Samsung, Vivo, Xiaomi, IKEA, Airbus and Softbank. #Economy #NewsTracker #FDI #Airbus #Nirmala Sitharaman #IKEA #Make In India #xiaomi #Vivo
Switzerland's super rich getting richer, Ikea boss tops the list

Nov 27, 2015

Switzerland's super rich getting richer, Ikea boss tops the list

Morose economic growth and a turbulent stock market have not stopped Switzerland's super rich from getting a lot richer this year, a report showed Friday. #NewsTracker #Switzerland #rich #IKEA
Swedish giant IKEA seeks more time from govt to adhere to 30% sourcing norms

Nov 05, 2015

Swedish giant IKEA seeks more time from govt to adhere to 30% sourcing norms

IKEA wants the 5 years time span for the 30% local sourcing to be calculated from the first store opening rather than first investment #IKEA #Swedish home furnishings major #home furnishing products #Make More in India
IKEA partners with UNDP to empower one million women in India

Oct 12, 2015

IKEA partners with UNDP to empower one million women in India

IKEA Foundation has partnered with UNDP, to provide employment and entrepreneurship opportunities to one million underprivileged women across India. #India #NewsTracker #NewDelhi #Women #News #IKEA #empowerment #UNDP
India a very important market for us: IKEA

Aug 25, 2015

India a very important market for us: IKEA

The company has big retail plans for India and looks to open over 20 stores in the country by 2025 as a mid-term goal. #Business #CompanyWatch #IKEA #Catarina Lowenadler