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Swedish furniture giant IKEA steps up expansion in India to make up for lost time due to Covid-19

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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Ikea rushes to make up lost time on India expansion after delays

Ikea rushes to make up lost time on India expansion after delays
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Ikea rushes to make up lost time on India expansion after delays

Ikea rushes to make up lost time on India expansion after delays
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Andhra pradeshNew delhiMukesh ambaniSaloni nangiaNarendra modiPeter betzelRetail ventures ltdPrime minister narendra modiUrban ladderVentures ltdTechnopak advisorsPresident saloniஆந்திரா பிரதேஷ்புதியது டெல்ஹிமுகேஷ் அம்பானிசலோனி ணங்கிய

Ikea rushes to make up lost time on India expansion after delays

Ikea rushes to make up lost time on India expansion after delays
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

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ETtech Morning Dispatch on March 4, 2021: NUE world order

ETtech Morning Dispatch on March 4, 2021: NUE world order Want this newsletter delievered to your inbox? SUBSCRIBE We ll soon meet in your inbox. / Morning Dispatch It seems like every company wants an NUE licence these days and with good reason. India is, after all, one of the biggest untapped digital payments markets in the world. Flipkart, Mastercard and PayU have now decided to buy a 30% stake in Ferbine, the consortium headed by Tata Group that wants to set up a rival to the National Payments Corporation of India. Ferbine in turn will face competition from the likes of Reliance and Amazon as these three biggies look to shape the future of digital payments in India.

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