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IKEA to source more from India for global ops, up local sourcing
Mint Chennai
|June 02, 2025
India is a "focus market" for the Swedish global home decor and furniture retailer IKEA, where it is increasing sourcing for its global operations and increasing local sourcing to 50%, from the current 30%, for the domestic retail business, a top company official said.
The move will help to cater local retail and global operations, and will also generate more jobs across the supply chain, said Christina Niemelä Ström, Head of Sustainability for Supply, Inter IKEA Group.
India is "in the top 10 of our sourcing countries" list, from where it is procuring products worth around €400 million for all its global retail operations, Ström told PTI in an interaction.
IKEA's current sourcing basket includes textiles, plastics, and metals, among others, and the company plans to add more items.
Diese Geschichte stammt aus der June 02, 2025-Ausgabe von Mint Chennai.
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