Why Did IKEA Make Its Move to India?
15.02.2025IKEA's journey to India was driven by the country's immense potential, boasting a perfect blend of young demographics, rising middle class, and a growing demand for modern furniture. The Swedish company aimed to tap into this expanding market by understanding local needs and tastes. With India being one of the fastest-growing economies, IKEA saw an opportunity to implement its global expertise while focusing on sustainable and affordable solutions. This approach helped them align with the cultural nuances and aspirations of Indian consumers.