The areas of investments being considered by Ingka Investments could range from taking stake in companies across sectors such as renewables, recycling, real estate, and software which synergise with IKEA's broader retail requirements. The investment arm has so far made just one minority equity investment in India, in start-up LivSpace - a one stop shop for all interiors - to test the waters.
This is in line with Ingka's decision to go for a second phase of expansion to be finalised this year, after it initially committed Rs 10,500 crore of foreign direct investment in 2012.
Ingka Investments has over 20 billion euros in financial assets under its management across the world.
Bu hikaye Business Standard dergisinin June 10, 2023 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin June 10, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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