Expansion

IKEA

Targets 30 stores in India by 2030

30 stores · Rs 21,000 crore
Image: Economic Times Industry
Type
Expansion
Reported
13 October 2026

IKEA plans to expand its India store network from eight to 30 by 2030 and double its investments.

WHERE IT LANDS

WHAT IT MEANS

Lokazen’s read
  • For brands & retailers

    IKEA’s plan to grow from eight to 30 Indian stores by 2030 could sharpen home and décor competition beyond its Nagasandra outlet.

  • For investors & landlords

    A larger IKEA network could increase demand for large-format retail sites, though no target city or store locations are identified.

HOW TO GET AHEAD

Compare home and décor competition around Nagasandra with HSR Layout, Whitefield and Marathahalli.

Lokazen’s analysis of this report and our location data. A guide for choosing locations, not investment advice.

IN BANGALORE TODAY

Lokazen data · 13 October 2026

IKEA trades from 1 outlet we track, most in Nagasandra (1).

Home/Decor outlets in Bangalore cluster in HSR Layout (18), Whitefield (14), Marathahalli (10).

Expanding in Bangalore?

Lokazen maps the brands already trading in Bangalore and the spaces you can lease now.

MORE MOVES

All market moves