Home / Knowledge / News / Textiles / Ikea's cotton sourcing from India to increase
Ikea's cotton sourcing from India to increase
11
Jun '16
Courtesy: Ikea
Swedish home furnishing major Ikea, which is set to start retail operations in India next year, is increasing sourcing of cotton from the country for its textile requirements.

Ikea, which is working with around four lakh farmers in India through local partners under the Better Cotton Initiative (BCI) programme, is sourcing almost one-third of its global requirements from India.

“Till now, Ikea retail was not present in India. Given the retail plan which we have till 2025, obviously sourcing of sustainable textiles from India would increase dramatically even for the local market,” Ikea cotton leader Pramod Singh said in Almhult in Sweden, where Ikea had opened its first store.

Ikea's first store in India is scheduled to open in the second half of 2017 in Hyderabad. It has plans to open 25 stores in the country by 2025.

Ikea had sourced goods worth 315 million euros from India, in which textiles contributed around 70 per cent. While he did not share details of cotton sourcing, in 2015, the company had sourced around 35 per cent of its cotton from India followed by Pakistan at 21 per cent.

Indian cotton is used by not only Indian suppliers, but Ikea's suppliers in Bangladesh, he said, adding that “India is the source of one-third cotton of Ikea”.

Singh said the number of farmers who are working in this grid has to be increased because four lakh is not a big number. Ikea intends to bring more and more farmers under our projects and initiatives.”

Ikea trains farmers under its better practices about traditional and genetically modified cotton seeds and their usage. The company has globally over 100 suppliers for cotton and 11 are from India. Ikea is the founding member of BCI, which aims to promote measurable improvements in the key environmental and social impact of cotton cultivation worldwide to make it more sustainable. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Apparel/Garments | On 1st Oct 2016

Wolf & Badger plan New York store following Brexit

UK multi brand fashion retailer Wolf & Badger is crossing the...

L-R: Smriti Irani, Vanathi Srinivasan and M Senthilkumar

Textiles | On 30th Sep 2016

Textile industry appeals for cotton fibre security

A pan-India textile industry delegation has urged Union textiles...

Courtesy: Kelheim Fibre

Textiles | On 30th Sep 2016

Kelheim Fibres develops static dissipative viscose fibre

Germany based specialty fibre producer Kelheim Fibres has developed a ...

Interviews View All

Priyanka
Studio Priyanka Rajiv

Siddharth Biyani
Mangalam Industries Pvt Ltd

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
September 2016

September 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search