BENGALURU: Swedish furniture giant IKEA India Private Limited has coughed up a whopping Rs 65,93,600 as penalty for unauthorised usage of 4,021 HP (horsepower)-driven machinery for industrial and ...

IKEA has stores worldwide, but in June 2024, it opened a store in an unexpected location that no one saw coming - the popular video game Roblox. It announced that the virtual universe would ...

Despite its expansion, Ikea India reported a widening loss of Rs 1,299.4 crore in FY24, though its revenue from operations grew 4.5% year-on-year to Rs 1,809.8 crore.

India has emerged as one of biggest growth markets for Swedish home furnishings retailer Ikea, as it expands its presence in the country.

Swedish furniture retailer Ikea, which is starting online sales in Delhi-NCR and nine other markets this week, is looking for next round of investments in India and will move to profitability after ...

Ikea has finally decided to enter the National Capital Region. The Swedish furniture giant announced the launch of its ...

IKEA stays true to its core range but tailors products to local needs—foldable furniture for Mumbai, outdoor essentials for north India.

Unlike the Mumbai market, for example, where multifunctional products are preferred due to space constraints, Delhi has larger living rooms, kitchens, and gardens, a nuance that will be reflected in ...

The company has launched e-commerce services in Delhi NCR and nine adjacent markets, marking its foray into north India. It was previously present in 60 cities across south India.

IKEA firstly sell online before opening stores in new Indian markets. Online sales make up about 30% of its total sales in ...