Global trade tensions have accelerated companies' efforts to diversify supply chains, and India is becoming central to Ikea’s sourcing strategy. Ikea plans to expand beyond textiles into plastics, metals, and furniture manufacturing in India. This local sourcing will help reduce prices for Indian c»»»

IKEA has opened its first store in West Delhi at Pacific Mall (File photo) MUMBAI: Global trade wars have pushed companies to speed up the diversification of their supply chains and India will be key to Ikea's sourcing strategy where it is expanding beyond textiles to build supply capabilities in p»»»