Peter Betzel

After its successful launch in Hyderabad and Mumbai, Swedish furniture giant IKEA is now looking at expanding in Tier-II cities as a part of its phase 2 expansion plan. The company is currently developing a large format store in...

IKEA, the world’s leading Swedish home furnishings retailer, has launched its online store in Mumbai, with a vision to become accessible to varied audiences of the city with more than 7,500+ products to make everyday life brighter for them....

The Telangana government will be a setting up dedicated industrial park for furniture manufacturing here, a top official said on Friday. The Furniture Park will come up over 100 acres of land on the outskirts of the city. It will...

IKEA, the world’s leading multi-channel home furnishings retailer has completed a year of operations in India. Last year, this day IKEA opened doors of its first store in India to the many people of Hyderabad. The day was a landmark...

Finance Minister Nirmala Sitharaman on Friday presented her maiden budget and the first of the Modi Government in its second term. She announced that FDI inflows into India have remained robust despite global headwinds. “Global FDI flows slid by 13 percent...

Swedish home furnishings major IKEA Thursday said it plans to have an Omnichannel presence in India going forward, reiterating its long-term commitment to the country. Last year, the company opened its first store in Hyderabad, spread over 13 acres...

Ingka Group (Ingka Holding B.V and its controlled entities) is accelerating its transformation, stepping up investments in new and existing IKEA stores and fulfilment centres, developing city centre formats and focusing on its e-commerce platform, to better meet the...

Swedish home furnishings retailer IKEA would commence its e-commerce operations in the country by March next year, IKEA India Chief Executive Officer Peter Betzel said Thursday. “IKEA will create a multichannel experience for its customers in India. It will launch...

IKEA India, the Swedish home furnishings retailer, on Thursday celebrated the ground-breaking ceremony of its third India store in Nagasandra, Bengaluru. Following the grand opening of its first IKEA India store in Hyderabad two months ago, this is yet another...

Finally, the wait is over! IKEA, the world’s leading Swedish home furnishing retailer has opened the doors of its Hyderabad store for customers on August 09, 2018. Expressing joy, Peter Betzel, CEO, IKEA India says, “At IKEA the people, the...