IKEA will more than double its investment in India to more than ₹20,000 crore in the next five years to open more stores and increase sourcing locally. IKEA’s India sales rose 6% to ₹1,861 crore in the year ended August 2025, and IKEA India CEO Patrik Antoni says he plans to quadruple it, including by […]
Bengaluru-based real estate developer Puravankara Limited has signed a lease agreement with Swedish furniture retailer IKEA India for more than 1.2 lakh sq ft of retail space in Bengaluru’s Purva Zentech Park on Kanakapura Road, the company said in a statement. Bengaluru developer Puravankara has signed a lease agreement with IKEA India for over 1.2 […]
