IKEA India plans to double investment to over Rs 21,000 cr by 2030; targets Rs 8,000 cr turnover

Swedish retailer IKEA plans to invest over Rs 21,000 crore in India by 2030. This significant investment will accelerate store expansion and strengthen local sourcing operations. The company aims to quadruple its turnover to Rs 8,000 crore by the end of the decade. IKEA also intends to double its workforce and sourcing volumes from India. This expansion underscores IKEA's long-term confidence in the Indian market.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.com