Nov 04, 2015 at 21:41 | Source: PTI
"To facilitate this sustainable way of doing business, we have asked that the 5 years time span for the 30 percent local sourcing should be calculated from the first IKEA store opening rather than first investment," said IKEA India Country Communications Manager Patrik Antoni in a statement.
Nov 03, 2015 at 19:23 | Source: CNBC-TV18
Swedish furniture and home accessory maker Ikea has been sourcing products from India for 28 years but is yet to open its first store in the country. That is about to change now as the company readies itself to open 25 new stores by 2025.
Oct 24, 2015 at 12:26 | Source: CNBC-TV18
In an exclusive chat with CNBC-TV18's Priya Sheth, CEO of Ikea Foundation Per Heggenes says that the aim is to have half of its workforce as women in Ikea's India stores and to invest a total of 30 million euros in the country this year.
Oct 12, 2015 at 12:47 | Source: PTI
The three-year programme with a budget of euro 16 million (around Rs 117.76 crore) will focus on Karnataka, Maharashtra, Telengana and the National Capital Region. The programme will be implemented by the United Nations Development Programme (UNDP), Xynto and India Development Foundation (IDF).
Sep 09, 2015 at 15:25 | Source: PTI
Expressing similar views, Huawei India CEO Jay Chen said if it can be solved "it'll be very useful for the industry" overall. The GST is expected to usher in a new indirect taxes regime in the country, boosting business activity. Many industry leaders have expressed disappointment over the logjam in its implementation.
Aug 25, 2015 at 16:29 | Source: CNBC-TV18
Patrick Antoni, spokesperson for Ikea India in Sweden, says the company is looking to set up 20-25 stores in India, including six stores in the NCR region, 3-4 stores in Bangaluru and 2-3 stores in Hyderabad.
Jul 11, 2015 at 14:03 | Source: PTI
IKEA bought 13 acre land close to the IT hub in Hyderabad's HITEC city. In May 2013, the government cleared the proposal of the Swedish furniture major to invest Rs 10,500 crore for setting up single brand retail stores.
May 01, 2015 at 16:56 | Source: PTI
The centre would benefit small businessmen in Telangana who supply raw materials and provide employment to 500 people directly and hundreds of others indirectly
Feb 11, 2015 at 15:42 | Source: PTI
IKEA, which had announced plans to invest Rs 12,500 crore in India to set up 25 stores over the next decade, is working on setting up its stores in cities such as Mumbai, Delhi, Hyderabad and Bengaluru in the initial phase.
Jan 23, 2015 at 22:06 | Source: CNBC-TV18
According to a survey conducted by Swedish Chamber of Commerce, 90 percent of the respondents perceive a favourable climate this year compared to just 50 percent last year.