IKEA is investing over ₹20,000 crore in India, adapting its strategy to reflect local consumer preferences for living rooms and multifunctional spaces, unlike in Europe. The retailer plans to open smaller city stores and expand local sourcing to meet evolving demands and enhance affordability.
3 min read15 Jul 2026IKEA India’s innovative F&B playbook is boosting repeat visits and extending dwell time, emerging as a key driver of its financial turnaround.
3 min read9 Apr 2026Sweden's IKEA will more than double its investment in India to over $2.2 billion in the next five years as the furniture retailer plans to open more stores and increase sourcing locally.
1 min read20 Jan 2026IKEA India reports 6% on-year rise in FY25 sales to ₹1,860.8 crore.
3 min read11 Nov 2025IKEA is taking another shot at the smart home with 21 new Matter-over-Thread devices that promise lower prices, seamless setup, and compatibility with Apple, Google, and more.
3 min read7 Nov 2025Ikeas has leased the space at Phoenix Marketcity mall in Pune for a five-year tenure.
2 min read24 Oct 2025IKEA's largest franchisee, Ingka Investments, is acquiring €720 million of forest land in Latvia and Estonia to secure sustainable raw materials.
1 min read20 Oct 2025Ikea plans to open three small city stores in India within 10 months, focusing on expanding its small-format footprint. The CEO, Patrik Antoni, emphasized the shift to smaller stores due to changing retail dynamics.
4 min read14 Sep 2025Swedish designer Gustaf Westman, who is known for his oversized, whimsical creations, talks to Lounge about his creative influences, his idea of maximalism and his new IKEA collaboration
5 min read13 Sep 2025IKEA is working hard to ‘create a special place where you can explore, dream, and find solutions to make your home your favourite place to be.’
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