Journalism of Courage
Presents
Co-presented by
Associate Sponsor
IKEA
Follow on:
IKEA: A Global Furniture Giant IKEA, a Swedish multinational conglomerate, has dominated the global furniture retail market since 2008. Founded in 1943 by Ingvar Kamprad, the brand name is an acronym derived from his initials and his hometown. Known for its modernist designs and affordable prices, I...
Image Source : Wikipedia
- Company type Private
- Industry Retail
- Founded 28 July 1943
- Founders Ingvar Kamprad
- Headquarters Delft, Netherlands, (Inter IKEA Systems B.V.), Leiden, Netherlands, (INGKA Holding B.V.)
- Area served Worldwide
- Revenue €45.1 billion (2024)
- Website www.about.ikea.com, ingka.com, ikea.com (retail)
Related Other Pages:
- Reliance Industries, V-Guard Industries and Tata Group
IKEA history
Last Updated : 23/03/25, 09:46 AM
IKEA: A Global Retail Giant's Journey Founded in 1943 by Ingvar Kamprad, IKEA initially operated as a mail-order furniture business. Its first physical store opened in Älmhult, Sweden in 1958. The name, an acronym for Ingvar Kamprad Elmtaryd Agunnaryd, reflects the founder's name and his childh...
IKEA NEWS
Sweden's IKEA plans to double India investment to $2.2 billion over five years
January 20, 2026 1:39 pm
The retailer's India sales rose 6% to 18.61 billion rupees in the year ended August 2025, and Antoni said it plans to quadruple it, including by expanding store count to 30.
Maharashtra signs 19 MoUs worth Rs 14.5 lakh cr on first day at Davos
January 20, 2026 9:40 pm
Plans for infra, manufacturing, renewable energy and digital services; over 15 lakh jobs projected
Birth of IKEA: how Ingvar Kamprad built a global brand with DIY furniture, powered by 40 years of its iconic meatballs
November 29, 2025 12:06 pm
Furniture is not IKEA’s only claim to fame. It is also their meatballs. As the brand celebrates 40 years of its special dish, we turn back the pages to see the history of IKEA.
Karnataka NEET UG 2025: All you need to know about counselling
August 22, 2025 9:27 am
According to the official website of the Directorate of Medical Education, there are 22 medical institutions under its jurisdiction. The official website for the state's NEET UG counselling is cetonline.karnataka.gov.in.
2,000 products, 15,000 sq ft to shop, plus Swedish cafe and snacks — all this and more at IKEA’s first store in Delhi’s Tagore Garden
September 02, 2025 1:20 am
The new city store in West Delhi is part of IKEA India’s “One Click, 30 Minutes Away” model, aimed at making the retailer more accessible in high-footfall urban locations where large stores are not feasible.
‘Online gives us a way of understanding customers before we open the store’: Ikea exec on creating online-first strategy
August 18, 2025 12:20 pm
IKEA's new store in Delhi spans 15,000 square feet and is a city store located in Pacific Mall, Tagore Garden.
Shutdown near IKEA on Thane-Belapur Road, Navi Mumbai traffic police announce diversions
May 08, 2025 1:09 pm
A section of the Thane-Belapur Road near IKEA is closed for concreting from May 8 to May 14.
Local adaption key, planning smaller stores to increase physical touch points: IKEA India Country Commercial Manager
March 24, 2025 1:46 pm
'India is one of the few countries in the world where nearly 99 per cent of the food we make and sell is sourced from within India'
IKEA sharpens focus on sleep quality in India, eyes temperature control and soundproofing
March 10, 2025 8:00 am
Sleep-related products such as bedroom furniture, beds and mattresses, and home textiles contribute significantly to IKEA’s revenue in India.
Swedish home furnishing giant IKEA pays over Rs 65 lakh in trade licence dues to BBMP
February 28, 2025 5:57 pm
During an inspection conducted by BBMP health officials in January, it was found that IKEA was operating certain units without necessary licences.
IKEA PHOTOS
A sneak peek into IKEA's first Indian store in Hyderabad
August 12, 2018 6:50 am
The company has said it could take years to reach major profits in India. Raising the proportion of locally sourced goods will help in mitigating high import costs.
More Entertainment
EntertainmentRandhir Kapoor joked about asking Kareena Kapoor-Karisma to adopt him after leaving them, wife Babita to fend for themselves
EntertainmentAnil Kapoor turned down offer to join a political party after Nayak's release: 'I didn't want to treat it as a photo op'
EntertainmentWhen Shah Rukh Khan brought in private plane within an hour at Wasim Akram's request for KKR players: 'Ladke thak jayenge...'
