Get All Access for $5/mo

The Growth Driver In India, IKEA continues its expansion journey with an omnichannel approach, focusing on giving more options to consumers across India

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company

Whether it's the pandemic, the geopolitical tensions or retail inflation, the world is going through a lot of turbulence and no business is immune.

With the changing world there has been a shift in consumer behavior. As customer demands are changing, businesses are changing too. "As we create a new and better IKEA that is equipped for the future, we are focusing on competence and new capabilities and investing in digitalization. India remains one of the important growth markets for the Ingka group," said Susanne Pulverer, CEO and CSO, IKEA India.

She has been with IKEA for over 25 years in 10 different roles. "My aim has always been to holistically lead the organization to create a better future and opportunity for customers, our co-workers and society."

IKEA believes that equality, diversity and inclusion should be reflected across all levels. As a matter of fact, today more than 60 per cent of its senior leaders and close to 48 per cent of its co-workers across all units are women.

In India, IKEA continues its expansion journey with an omnichannel approach, focusing on giving more options to consumers across India to shop both online and in stores. Its services are available through online platforms in Mumbai, Pune, Hyderabad, Gujarat and Bengaluru.

Driving growth for an international brand requires strong leadership qualities. "My style is inclusive and focused on leading with example as it is one important IKEA value. Diverse teams perform best towards achieving business goals."

Self love , a healthy lifestyle coupled with daily exercise, nutritious food and quality sleep is her mantra for boosting productivity. "Also, to find some time for calmness, I rely on meditation through yoga and also find time to reflect. I normally find what is more important to focus on, because every day is about prioritizing. It is also important to find time to communicate with people around you to get inputs," she added.

Like any purpose-driven organization, the company is a people-focused workforce. As a leader for the Indian market, the CEO focuses on creating value in four dimensions- for the customers, for co-workers, partners, society, for the planet and for the company. "This will contribute to creating a more equal, sustainable and cohesive world. Unquestionably, developing a work culture that co-workers enjoy depends heavily on empowering individuals. One of the ways we ensure agility from our organization is by providing flexibility at work. We have approximately 25 per cent part-time assignments-based roles in stores today with an ambition to be 30 per cent and more of IKEA's India workforce."

A city center store was launched in Mumbai in Dec 2021 and the first mall store in the country opened at RCity mall in July 2022. Along with IKEA Retail, IKEA Purchasing, IKEA Foundation, Ingka Investments, Ingka Centres, Global Business Operations (GBO) and other entities, the company is investing in India to create an even bigger impact as ONE IKEA. "IKEA remains invested and committed to India. IKEA has been sourcing from India for close to 40 years working with around 65 suppliers, 48,000 direct employees and 500,000 people in the supply chain in India producing for IKEA stores worldwide."

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
News and Trends

Tech Burner's Anarc Smartwatch Achieves INR 3 Cr Sales with USD 1 Mn Investment

Anarc features a patented octagonal design by Thought Over Design and Seymourpowell, with a medical-grade stainless steel body. It includes advanced technology like a Hisilicon chipset, AMOLED display, and seven-day battery life.

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Business News

Why Are Your Instagram Messages Black? How to Fix the Annoying Problem

Both iPhone and Android users are experiencing the issue.

Business News

This Coffee Shop Owner Gained 10,000 TikTok Followers With One Post. Here's How He Did It.

Here's how a "dance for a free coffee" promotion blew the lid off this cafe's popularity.

Growing a Business

How to Build an Unshakeable Brand Voice and Win Over Loyal Customers

Want to build an online brand that reaches more people and puts your business on the map? It starts on the web.