IKEA

It selected Hyderabad for its first Indian store in 2018. [1] source: Financial Express The Hyderabad outlet spans 400,000 sq ft, carries about 7,500 products, and represents an investment of more than Rs 10 billion. [1] source: Financial Express Forbes India reported that India is one of Ikea's three global breakthrough markets, alongside China and the US. [2] source: Forbes India Ikea has sourced from India for nearly 45 years, with more than €400 million in annual sourcing. [2] source: Forbes India Online accounts for about 30% of Ikea India sales, and its largest stores have around 170,000 square feet of retail space. [2] source: Forbes India

In August 2026, Forbes India reported that Ikea plans to build around 30 India customer touchpoints by 2030. [2] source: Forbes India These combine large stores, smaller neighbourhood formats and digital retail. [2] source: Forbes India Ikea targets quadrupling sales in four to five years. [2] source: Forbes India Ingka Centres is investing close to ₹10,000 crore in mixed-use developments in Gurugram and Noida. [2] source: Forbes India In October 2026, IKEA held the fourth edition of its two-day IKONIC event at its Worli City Store in Mumbai, reported on October 3, 2026. [3] source: MediaBrief The event offered India's first taste of Lingonberry Jam. [3] source: MediaBrief In August 2026, Stove Kraft said its export mix is set to rise to 15% as its IKEA business scales. [4] source: CNBC-TV18