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Expert Speak: Retail real estate regains sheen in India

Vacancy levels have decreased in 2015 despite a rise in completions, indicating that recent retail-friendly policies bode well for the sector…

Government clears 89 single-brand retail, one multi-brand proposal

Government has said that it has approved 89 proposals for foreign investment in single brand retail trading (SBRT) and one in the multi-brand sector up to March. "The Government has approved 89 proposals for foreign investment in single-brand retail trading...

IKEA to invest Rs 1,500 crore in Mumbai

World's largest furniture retailer IKEA is investing Rs 1,500 crore as part of plans to have 25 stores across India by 2025 and its second store is likely to come up within 18 months in Navi Mumbai. According to a...

Creating a food brand story through sustainability

This article aims to raise some critical questions and reflect on the possible solutions toward better production and consumption in the context of Indian retail. It focuses on the role of brands in the creation of sustainable markets… As an...

FDI in retail: Milestones from 2006 to 2016

Making India the most open economy in the world, Modi Government recently announced its second major reform in FDI soon after its radical changes announced in November last year. The Government, since the beginning, has been taking steps to boost FDI in...

India announces sweeping reforms to FDI rules; Apple, IKEA to benefit

In what is being called as a major reform push, the Government on Monday eased foreign direct investment (FDI) norms in pharma, aviation, food processing and defence sectors. It has also cleared the way for Apple to open stores in the...

Local sourcing conditions: IKEA for ‘less detailed regulations’

Amid a debate over local sourcing conditions for foreign firms to open retail stores in India, Swedish furniture major IKEA says it is better to have "less detailed regulations" as business will eventually go the place that has the...

IKEA to increase cotton sourcing from India

Swedish furniture major IKEA is increasing sourcing of cotton from India for its textile requirements as it gears up to start retail operations there by next year. According to a PTI report: The company, which is working with around four...

How mushrooms could save the world

IKEA is using new biodegradable packaging made from mycelium or mushroom roots. And Dell has been using mushroom packaging for years now...READ MORE

IKEA seeks 450 acres at Kandla port, to create furniture hub

Upbeat on infrastructure growth in India, Swedish furniture giant IKEA has evinced keen interest in a proposed cluster at Kandla port and sought 450 acres for the same, Union Minister Nitin Gadkari said on Tuesday. "We have proposed furniture clusters...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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