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Swedish furniture giant IKEA steps up expansion in India to make up for lost time due to Covid-19 The company, which opened its first store in Hyderabad in 2018, is targetting to roll out more stores in 30 Indian cities within seven years. Chris Kay 6 March, 2021 11:47 am IST Text Size: A+ Furniture giant Ikea is accelerating its India expansion after a nationwide pandemic lockdown last year delayed the construction and opening of new stores in one of its fastest-growing markets. “If you have a lockdown you can’t continue to construct,” Peter Betzel, Ikea’s chief executive officer for India said in an interview. “But now we are back in full speed.”

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