IKEA India Targets Profitability in Two Years Amid Expansion

IKEA, a big furniture company from Sweden, is doing well in India.

Its sales went up a little bit this past year, mostly because more people are buying things online.

They also sold more to businesses.

IKEA wants to make sure they start making money in India within the next two years.

They are opening smaller stores in cities and have also expanded their online shop to reach more people.

They sell many affordable items for homes.

IKEA is also looking at a new trade deal between India and Europe that could help them get materials cheaper.

The company is investing more money to grow even bigger in India.