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Ikea to double sourcing from INDIA

12/12/2014

 
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NEW DELHI - Global home furnishings major Ikea is scouting for partners to expand supplier base across the country and double its sourcing from India by 2020. The Swedish multinational, which sells furniture, appliances and home accessories, currently sources home furnishing products from India valued at euro 315 million ($390 million/Rs.2,422 crore). "Our new initiative 'Make More in India' is aimed at expanding...

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