Sep 17, 2014 at 22:04 | Source: CNBC-TV18
In a chat with CNBC-TV18's Farah Bookwala Vhora, IKEA's India chief Juvencio Maeztu talks about the progress IKEA is making in India, how IKEA will tweak its business model to suit Indian preferences and how it intends to increase the USD 500 million worth of sourcing it currently does in India.
Jul 09, 2014 at 22:19 | Source: PTI
After a meeting with top IKEA executives, Chief Minister K Chandrashekar Rao was quoted as saying all necessary clearances will be given through a single window to expedite the process of opening the store in the city.
Apr 28, 2014 at 22:15 | Source: CNBC-TV18
Since its launch, the app has been an instant hit with over 55 million users and 30 million of them right here in India. The company is now aiming bigger hoping to end 2014 by more than doubling their users in India.
Dec 17, 2013 at 12:52 | Source: PTI
After a series of presentations by its officials, the government approved IKEA's Rs 10,500 crore proposal in May paving way for it to set up home furnishing stores along with cafeterias in the country. Earlier, as per the government policy the company was not allowed to open cafes and restaurants at its stores.
Nov 28, 2013 at 16:33 | Source: PTI
The furniture giant, which intends to invest around Rs 10,500 crore in India, has been sourcing many products, including textiles, carpets, metals, plastic, lighting and decorative items, for its global sales for last 26 years.
Oct 14, 2013 at 16:07 | Source: PTI
The company, which has set up a new product development centre in India, also said it is primarily focusing on textiles to enable development on the factory floor and optimise production, while also exploring other materials like wood, metal, plastic and lighting.
Jul 08, 2013 at 17:46 | Source: PTI
"Recent clarifications issued by the Indian government on FDI regulations in multi-brand retail allowing foreign retailers to open only company-owned and company-operated outlets could be a big blow to growth in retail franchising in India," said KMPG's report on Franchising Industry in India 2013.
Jun 27, 2013 at 10:55 | Source: Reuters
Kamprad, 87, said he would return from Switzerland before year-end and settle down on a farm outside of Almhult, a southern Swedish town where he founded IKEA 70 years ago and put Swedish "flat-pack" furniture on the global map.
Jun 16, 2013 at 18:01 | Source: PTI
In a bid to spur investments, Commerce and Industry Minister Anand Sharma today "strongly favoured" raising the FDI cap in telecom as well as defence sector and said he will meet global investors to address their concerns, particularly in multi-brand retail.
Jun 06, 2013 at 08:32 | Source: Reuters
Kamprad, who founded the furniture business 70 years ago will leave the board of a major company within the business, Inter IKEA Group, which owns the brand and directs strategy.