The Swedish furniture giant has plans for 25 such sites by 2025 and the first such store will begin operations in Mumbai by 2020
In this edition of the Setting Sail podcast, Moneycontrol's Special Correspondent Priyanka Sahay talks to the Pepperfry CEO Ambareesh Murty.
The investment in the furniture brand called Forma will be approximately Rs 250 crore over the next five years.
The furniture market in India is estimated to be Rs 1,32,000 crore and is growing at a CAGR (Compounded Annual Growth Rate) of 11 percent over last 5 years.
IKEA operates on a do-it-yourself model, where users assemble their own furniture. In India, however, IKEA is customising for the market and is building assistance for furniture assembly
The unexpected ban on Rs 500 and Rs 1000 notes could affect, at least temporarily, the sales of premium consumer goods that are mostly paid for by cash.
Vietnam's Free Trade Agreement (FTA) with the European Union, signed last year, and the Trans Pacific Partnership (TPP), if it clears significant political hurdles in the US, would collectively give the country access to markets worth USD44 trillion in combined gross domestic product.
Some small things to note that can help the planet immensely
Did you know that your bedroom can affect your quality of rest? From the bedding to the mattresses and more, research has found that our surroundings have measurable effects on our sleep. A bedroom R
E-commerce major Snapdeal today said it will flag off the festive season with its 'Unbox Diwali Sale' from October 2, the same day when its larger rival Flipkart will begin its own festive offers.
Pepperfry.com, India’s No.1 Furniture and Home marketplace is using a leading edge heuristic algorithm for logistics and supply chain ...
A child‘s room should be fun, playful, comfortable and above all, safe. Moreover, the child‘s room should also evolve, keeping pace with the baby‘s changing needs, as s/he grows. â€œAlthough safety is a major R
According to the official, the Swedish firm is planning to build a 400,000 square foot store in Hyderabad, which will also include a 1,000-seater restaurant serving Swedish cuisine, besides Indian and others.
"Ikea is starting to invest now. They have bought a big piece of land for Rs 400 crore in Navi Mumbai for their store," said Apurva Chandra, Principal Secretary - Industries, Maharashtra government.
Pepperfry.com, India’s No.1 Furniture and Home marketplace today announced that it would deliver furniture in Mumbai within 24 hours at no ...
The company, which has already purchased land in Hyderabad and Mumbai to start retail operations, is also looking to double sourcing of products for its global operations from India by 2020.
If you have invested in a flat thinking that you will make a good return on your investment. Here are some tips to sell it quickly on a slow real estate market.
Godrej Interio is looking at a long-term partnership with Flipkart to make its offerings available to a larger online customer base across the country, the e-commerce head of Godrej Interio, Shanu Singh said.
Furlenco, a furniture and appliances rental company was started by Ajith Karimpana. Furlenco USP is that they design and own all the inventory.
Bangalore-based online modular furnishing solutions provider, CapriCoast.com launched its unique marketplace platform by partnering with Spacewood ...
Export Promotion Council for Handicrafts (EPCH) said that Indian products would loose their competitiveness in the global market due to the devaluation of yuan. "Indian products will now face problem in global markets.
Godrej Design Lab gives an opportunity to Indian designers to work with Godrej and refine & build futuristic furniture.
The e-commerce giant had recently shuffled its top deck to bring in new talent for the next level of growth. Mukesh Bansal says restructuring is an ongoing process and the focus is on bringing in new leaders into the organization.
Want quirkiness with outlandish furniture in your living space? HomeHero, a virtual carpenter website, helps you do just that
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.