Ikea is planning its next phase of growth in India, focusing on small-format stores and online expansion. The company will start online sales in Delhi-NCR by early 2025, followed by a physical store in Gurugram in 2026.
Ikea aims to penetrate adjacent cities and has plans for six key markets including Hyderabad, Mumbai, Bengaluru, Delhi, Chennai, and Pune.Ikea's next destination is Delhi-NCR, where it will first start online sales in the first quarter of 2025 and then open its first physical store at its first 'Lykli' centre, which would come up in Gurugram in 2026.
Currently, Ikea has large format stores in India at Hyderabad (4.8 lakh sq ft), Navi Mumbai (5.3 lakh sq ft) and Bengaluru (4.6 lakh sq ft). It had also opened two small city centres in Mumbai, of which one was later closed.
