India is a land of limitless opportunities for IKEA, a market where it is betting on doubling its business each year. In an exclusive conversation Juvencio Maeztu, Deputy CEO and CFO at Ingka Group and IKEA, confessed to have a deep emotional connection with India, said IKEA has a whole menu of growth opportunities listed down, from growing its retail presence to doubling down on sourcing and making India a digital hub for the world. IKEA has been in the retail space in India for the past five years, and is now thinking of the next 100 and how big it should be. Maeztu said, "IKEA loves India, and Indian consumers love IKEA."
first published: Oct 17, 2023 03:05 pm
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