IKEA plans to enter Indian wood market delayed

IKEA plans to enter Indian wood market delayed
IKEA India’s plans to enter in the wood market have been delayed because of the Covid-19 pandemic.    Peter Betzel, MD, IKEA India, had earlier said that IKEA’s parent company, Ingka, was looking at a few investments in manufacturing or raw materials in India. Earlier this year, on the sidelines of a retail event in Mumbai, Betzel had told BusinessLine that it had plans to invest in the wood market in India.    During a recent infraction Per Hornell, Market and Expansion Manager, IKEA India, said that as sustainability remains its ...

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