New Delhi, Aug. 14 -- IKEA is set to expand its sourcing operations in India, positioning the country as a major hub in its global supply chain strategy.

With shifting global trade dynamics, the Swedish furniture giant aims to diversify its supply base beyond Europe, its current primary sourcing region.

Under Patrik Antoni, the newly appointed CEO of IKEA India, the company will move beyond its traditional textile sourcing from India to include plastics, metals, and complete furniture manufacturing.

This shift is expected to benefit both exports and the Indian market by improving affordability and making IKEA products more accessible to local consumers.

India has been a trusted partner for IKEA for nearly five decades, supplying vario...