Ikea To Invest Rs 4000 Crore In Retail Sector in UP

The brand, known for its affordable home furniture, design and ideas, has shown interest in investing Rs 4000 crore and opening retail stores and luxury malls in the state

900 Million Euros Investment By Ingka Group To Open Gurugram And Noida Centres

Ingka Centres, under IKEA retailer Ingka Group, on Tuesday invested 900 million euros (appx. Rs. 7.245 trillion) in India to build two centres for business, meetings, and shopping over the next few years.

IKEA Gets About 50,000 Sqm Land For Facility In Noida; UP Govt Gets Rs 850 Cr

The company is expected to invest Rs 5,000 crore in Noida in seven years, Noida Authority CEO Ritu Maheshwari said that officials estimate job creation for 2,000 persons due to the project.

IKEA's Malls Arm Plans First India Site On Outskirts Of Delhi

IKEA, which opened its first store in India in 2018 in Hyderabad followed by one in Mumbai in 2020, said it would develop the new site into a mall anchored by an IKEA store.

IKEA Brand Owner Appoints Jon Abrahamsson Ring New CEO

Abrahamsson Ring is currently the head of Inter IKEA's franchising division. He had various positions at IKEA between 1998 and 2008, and rejoined the group in 2017.

World Environment Day 2019: Ikeas Is All Set To Manufacture Furniture With Rice straws

The company’s aim is to take action on a global environmental issue by turning rice straws - a harvesting residue that contributes heavily to air pollution when burned - into raw material.

Smart Wars