Business Standard

Ikea India CEO sees 30% of sales coming from online orders due to Covid

In a Q&A, Peter Betzel, CEO and chief sustainability officer of Ikea India, talks about the company's expansion plans in India

Peter Betzel
Premium

Peter Betzel, CEO of IKEA's India business

Sharleen D’Souza New Delhi
In its effort to be closer to customers in India, home furnishings brand Ikea is set to open its first city store in Mumbai. The store, spread across 80,000 sq ft, is smaller compared to its other two big box stores in Hyderabad and Navi Mumbai.

As the pandemic hit, customers have turned to ordering online and Ikea now sees about a third of its overall revenue coming from online sales, both in India and globally. In an exclusive interview with Sharleen D’Souza, Peter Betzel, chief executive officer and chief sustainability officer of Ikea India talks about the company’s expansion

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in