ENA Global 2025-08-14 17:18:37 <p><span style="font-size:14px"><strong>New Delhi, Aug 14 (KNN)</strong> IKEA is set to expand its sourcing operations in India, positioning the country as a major hub in its global supply chain strategy.</span></p> <p><span style="font-size:14px">With shifting global trade dynamics, the Swedish furniture giant aims to diversify its supply base beyond Europe, its current primary sourcing region.</span></p> <p><span style="font-size:14px">Under Patrik Antoni, the newly appointed CEO of IKEA India, the company will move beyond its traditional textile sourcing from India to include plastics, metals, and complete furniture manufacturing.</span></p> <p><span style="font-size:14px">This shift is expected to benefit both exports and the Indian market by improving affordability and making IKEA products more accessible to local consumers.</span></p> <p><span style="font-size:14px">India has been a trusted partner for IKEA for nearly five decades, supplying various products to global markets. The company now plans to increase its local sourcing share from the current 30% to 50% over the next few years.</span></p> <p><span style="font-size:14px">This move reflects IKEAs long-term commitment to India, not just as a production base but also as a significant consumer market.</span></p> <p><span style="font-size:14px">The decision is driven by several factors&mdash;Indias strong manufacturing capabilities, an improving infrastructure network, and a favorable trade environment.</span></p> <p><span style="font-size:14px">Additionally, greater local sourcing will help IKEA strengthen supply chain resilience, reduce costs, and generate more employment opportunities in the country.</span></p> <p><span style="font-size:14px">By deepening its partnerships with Indian suppliers and diversifying the types of products made locally, IKEA aims to align with both its global sustainability goals and the growing demand for affordable home furnishings in India.</span></p> <p><span style="font-size:14px">In essence, IKEAs enhanced India strategy combines broader product manufacturing, increased local sourcing, and stronger supplier collaborations, solidifying the countrys role in its long-term global growth plans.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43174 https://knnindia.co.in/news/newsdetails/global/ikea-plans-to-make-india-a-key-sourcing-hub-amid-global-trade-changes 2025-08-14 17:18:37 knnindia.co.in