Archive · 20 May 2025
Ikea Aims to Boost India Sourcing, Strengthen Global Operations
Ikea is planning to buy more goods from India.
They want to increase the amount they buy from India for their stores around the world.
Ikea has been buying things from India for about 50 years and is one of its top 10 global sourcing markets.
The goal is to boost local sourcing from 30% to 50% by 2030.
They are looking to add more suppliers.
Ikea is also keeping an eye on trade deals between the US and India and may introduce new product segments.
Despite rising costs, Ikea is keeping prices low to make sure their products stay affordable.
Ikea plans to increase local sourcing in India from 30% to 50% by 2030.
The company has been sourcing from India for nearly 50 years.
Ikea's purchases from India were approximately 400 million Euros in 2024.
India is among Ikea's top 10 global sourcing markets.
Ikea is monitoring US-India FTA developments and considering new product segments in India.
- Who
- Ikea
- What
- Increasing sourcing of goods from India.
- When
- 2024 and beyond
- Where
- India
- Why
- To strengthen supply chains and expand global sourcing.
- Purchases from India (2024)
- Around 400 million Euros
- Local Sourcing Target in India
- 50% by 2030
- Years of Sourcing from India
- Nearly 50 years
- India's Sourcing Ranking
- Top 10 global markets
- Product examples shipped from India
- Curtains, rugs, and bed linen
