Verified employee & interview reviews

IKEA India Reviews

Bengaluru, Karnataka

5.0/ 5

1 review

Ikea India Private Limited is an unlisted private company incorporated on August 2, 2013, as a subsidiary of the multinational Ingka Group (IKEA). While the global brand has a sourcing presence in India spanning over 30 years, its direct retail operations in the country are managed under this entity. The company is classified as a private subsidiary of a foreign company and is registered with the Registrar of Companies (RoC) in Haryana. Its corporate headquarters and registered office are located at Plot C1, Commercial Complex, Sector 47, Urban Estate, Gurgaon, Haryana, India (122018). The primary business activity of IKEA India falls under wholesale and retail trade, specializing in the home furnishings and decor sector. The company offers a diverse range of well-designed, functional, and affordable products, including ready-to-assemble furniture, kitchenware, textiles, and household goods. IKEA launched its first flagship retail store in India in Hyderabad in August 2018 and has since expanded its brick-and-mortar footprint to other major metropolitan hubs, including Mumbai and Bengaluru. In addition to physical big-box stores, the company operates an online e-commerce platform and specialized planning services to cater to both individual consumers and corporate clients through the IKEA Business Network. Financially, IKEA India operates with a substantial capital base, featuring an authorized share capital of INR 10,000 crore and a total paid-up capital of approximately INR 4,615 crore to INR 4,620 crore. For the fiscal year ending March 31, 2025, the enterprise generated significant operational revenue exceeding INR 1,000 crore. As an employer, the company maintains a robust workforce, recording a team size of approximately 2,420 to 2,454 employees. The leadership and corporate governance of the company are overseen by its board of directors, which includes key executives such as Pallipuramsubramanaian Muralikrishna Iyer, Nivedeeta Moirangthem, and Patrik Antoni. Beyond retail operations, IKEA maintains an extensive global supply chain linked heavily to the Indian subcontinent. The company partners with 48 local strategic suppliers, supporting an extended supply chain that impacts around 45,000 direct co-workers and roughly 400,000 people across the manufacturing network. IKEA India places a strong emphasis on sustainability, responsible forestry, and corporate social responsibility (CSR). Its operations align with the global IWAY standard, enforcing strict codes of conduct regarding environmental impact, safe working conditions, and the prevention of forced or child labor. Local CSR initiatives actively promote gender equality, vocational skill development, environmental conservation, and socio-economic community support.