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Ikea to roll out in small cities

Mint Kolkata

|

May 01, 2025

Ikea plans to expand through small-format stores, tailored to specific locations and catchment areas

- PTI

Swedish home furnishings retailer Ikea is taking a "huge shift" in its India growth strategy by deciding to set up compact stores in smaller cities with a view to become more accessible to customers, said a company official.

Ikea, currently in the second phase of its growth in India, plans to expand through a network of small-format stores, tailored to specific locations and catchment areas.

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Battery storage to jump 6x by 2047

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McKinsey trims about 200 tech jobs

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Uber India valuation surges amid battle with Ola, Rapido

November funding values shares 41% higher than the previous round in May 2023

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EV, hydro boom to power 6x rise in battery storage by ‘47

India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.

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Climate crisis: Innovation works, compression doesn't

After weeks of hot air, the UN’s CoP summit limped to an end in Brazil's Amazonian hub of Belém over the weekend, with a ‘deal’ that delivers nothing measurable for the climate, while wasting political capital and much effort on pledges.

time to read

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Mint Kolkata

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PepsiCo taps gourmet taste buds with Red Rock Deli’s India debut

Snack and cola maker PepsiCo is finally giving gourmet a chance with the launch of Red Rock Deli chips, priced ₹60 and ₹125 a pack, in a shift from its years-long focus on mass-market Lay's that starts as low as ₹5.

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Cabinet approves ₹7,280 cr rare earth magnets scheme

The scheme has been drawn up along the lines of India’s semiconductor mission

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PORTFOLIO MANAGEMENT AND ASSET ALLOCATION LESSONS FROM THE MAHABHARAT

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