Saturday, March 15, 2025 | 06:06 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Swedish retail giant Ikea won't bank on e-commerce to drive India growth

It says it is largely a touch-and-feel firm, will use online only to improve customer convenience

Photo courtesy: Wikipedia
Premium

Ikea. Photo: Wikipedia

Alnoor Peermohamed Bengaluru
Swedish retail giant Ikea is looking at using e-commerce only to supplement sales in the cities where it would open stores as it aims to grow its business in India over the long term.
Ikea, which will open its first store in the country in December, is not looking at online selling as a way to hasten its reach across the country.
Instead, it says it is predominantly a touch-and-feel company that will utilise e-commerce to improve convenience for customers.
"We are not an online company, but we will have an online forum in India and this will add convenience to customers," said

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