Ikea to Double Investments in India to $2.2 Billion Over Five Years
DATA AND AI INFRASTRUCTURE
Ikea is set to double its investments in India to $2.2 billion over the next five years, focusing on expanding its store presence and increasing local supplier partnerships. Following a 6% sales growth to 18.6 billion rupees, the company plans to grow its store count from six to thirty and enhance online sales from over 30% to 40%. This move aligns with broader trends of major brands investing in India's burgeoning digital economy.

Jan 24, 2026, 6:23 AM