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.
Nov 25, 2014 at 21:55 | Source: CNBC-TV18
Ikea foundation will pump in another Rs 190 crore into the country in 2015. It will also work closely with the government to address socio-cultural issues affecting adolescents and young adults across India.
Nov 18, 2014 at 16:34 | Source: PTI
"Ikea Foundation is boosting its commitment to children with six new grants to Unicef, amounting to USD 31.5 million," it said in a statement.
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.
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.