IKEA to double source euro 600 mn from India
The Dollar Business Bureau Ikea said it will double source the products from India to nearly euro 600 million in coming three to four years. Juvencio Maeztu, CEO, Ikea India was speaking to reporters after the ground breaking ceremony, of IKEA India’s first store of nearly 4 lakh sq. ft with an investment of Rs 700 crore in Hyderabad. The Dy.Chief Minister of Telengana Govt, Mohammed Mahmood Ali and the State’s Chief Secretary Rajiv Sharma were present during the ceremony. The completed store is likely to be open in the autumn of 2017. The company has bought 13 acres of land in Hi Tec city, the software hub of Hyderabad. Ikea broke ground after nearly 3 years of bureaucratic wrangling in India. The Swedish ...
Cashing In On E-Tail
Being the co-founder of a dotcom company that ships to 60 foreign markets including US, Canada, UK, Australia, Singapore and some in the Middle East is an achievement in itself. But Shilpa desires more... Vanita Peter D'souza | March 2016 Issue | The Dollar Business Shilpa Sharma, Co-Founder, Jaypore.Com Before getting bitten by the entrepreneurial bug, Shilpa was busy working with Fabindia where she was actively involved in the overall purchase and development of product ranges across 18 categories of lifestyle and apparel for the company’s domestic and international stores. Working with Fabindia, not just gave her an experience in managing a retail company but also exposed her to various opportunities in the textile sector – especially handloom. She believes that the Indian handicraft ...
