IKEA is planning to raise local sourcing in India to 50%: Susanne Pulverer

Ikea is planning to increase its sourcing from India and take it to 50 per cent in the long term for its Indian stores.

“We are continuously increasing local sourcing and intend to have more products made in India,” Susanne Pulverer, chief executive officer of IKEA India, told Business Standard, adding, the retailer would take it to 50 per cent in the long term.

Ikea also intends to add more stores in Mumbai as it calls out Maharashtra as an important market.

Currently, the Swedish furniture major has two stores in the state, one on the outskirts of Mumbai and the other in