Swedish furniture giant Ikea has opened its first store in India in the southern city of Hyderabad. With a growing middle class, India could be a big opportunity for the company, but it is also a ...

Ikea has posted its slowest sales expansion since it opened its first India store six years ago with a 5% increase to ₹1,852 ...

Ikea's net loss widens by 15% to Rs 1,303 crore between August 2023 and September 2024 due to significant investments in ...

IKEA's net loss for FY24 widened by 15% to ₹1,303 crore, owing to heavy investments in distribution centers and new stores.

making it the biggest IKEA store in India. The store began welcoming customers from June 22. It offers a range of well-designed, affordable home furnishing solutions. IKEA India all set to welcome ...

Reuters Ikea went online in Mumbai before opening a store, the first time it has done this in the world India's $40bn (£29bn) "home and living" market - of which furniture and furnishings is a ...

Ikea India, a major furniture retailer, reported increased losses of Rs 1,299.4 crore in FY24, despite a 4.5% rise in ...

Ikea’s first India store came up in Hyderabad in August 2018, but its India plan began to unfold seven months later. On March 4, 2019, IKEA India’s board of directors gathered for an ...

Ikea India records net loss of Rs 902 crore in FY22 ... The company's fourth Indian store, its biggest, opens in the Indian tech hub of Bengaluru in Karnataka on Wednesday, four years after ...

This will be the third store in the city. It takes time to establish a brand in the market: IKEA India CEO Susanne Pulverer IKEA India is set to launch its fifth store in India in Mumbai on July 28.