E-commerce operations will begin by the end of 2024, said Susanne Pulverer, chief executive and chief sustainability officer at Ikea India.
The Swedish company is now entering the next phase of growth in the country, marking its presence across major metros and scaling up local sourcing.
Ikea has already invested ₹10,500 crore in building five stores in India, apart from announcing investments in two large shopping centres with integrated Ikea stores.
Esta historia es de la edición August 29, 2023 de Mint Mumbai.
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India in economic sweet spot, inflation to moderate: Moody's
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Incentive engine to drive modern ships
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Cement firms wage war on costs as competition soars
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Saudi Arabia doesn’t have enough money for its futuristic city
The giant futuristic planned city of Neom is proving a headache for Saudi Arabia. Costs are up, schedules are delayed, and in recent days the world’s largest construction project replaced its chief executive of six years.
EV adoption is a marathon, not a sprint: Audi India
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India's trade gap with China soars in Apr-Oct
The country's green transition increases reliance on Chinese imports
14 nations eye India's generic drug model
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India urges $1.3 tn annual climate grant
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Over 600 mn cyberattacks daily, AI can secure devices
Microsoft is developing a password-free authentication process to eliminate the risk of breaches
Small businesses ramping up cybersecurity, thanks to AI
Rising AI adoption is helping cybersecurity providers hike their marketable base in India
