A report by the Press Trust of India stated that Ikea India recorded a loss of INR 1,299.4 crore in FY24, an increase from the INR 1,133 crore loss reported the previous year. The rise in losses is ...

is larger in scale than the Gurugram project. Ikea India currently has a workforce of nearly 3,000 employees and sources 30 per cent of its materials locally. The company has over 180 million ...

This ensures better inventory management and reduces complexities in last-mile delivery, according to a report in Hindustan Times. IKEA has been sourcing from India for over 30 years for its ...