IKEA India plans to invest Rs 21,000 crore
Swedish furniture brand IKEA's Indian arm, IKEA India, has plans to invest Rs 21,000 crore in India by 2030. This comes as the firm looks to accelerate store expansion, strengthen local sourcing, and deepen its omnichannel presence.
IKEA is developing multi-use Lykli centres in Delhi-NCR and has its eyes on reaching a turnover of Rs 8,000 crore.