Swedish furnishing major IKEA to bring in funding arm, expand retail biz

The Ingka Group has deployed the first tranche in opening IKEA stores in Hyderabad, Bengaluru, and Navi Mumbai apart from some smaller city stores in Mumbai



Surajeet Das Gupta

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Swedish furnishing major IKEA, part of the Ingka Group, is inviting its investment arm — Ingka Investments — to India, according to sources aware of the development . The move suggests

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First Published: Jun 9 2023 | 11:29 PM IST

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