IKEA in India
IKEA India, part of the IKEA Group, has been present in India for 30 years, sourcing many different products for IKEA stores worldwide. Today we source products for approximately € 315 million every year, with the aim of doubling it in the next few years to meet our global and Indian needs. We work with 48 suppliers in India, engaging 45,000+ direct co-workers and approximately 400,000 coworkers in our extended supply chain. Our suppliers are long term partners who share our vision and values.
IKEA has been present in India for the last 30 years, sourcing for its stores around the world. In India, IKEA currently has 48 suppliers with about 45,000 direct employees and about 400,000 people in the extended supply chain.
Our suppliers are our strategic long term partners. IKEA works closely with suppliers in setting up efficient and sustainable production processes to create affordable home furnishing products with good design and quality. Together with its suppliers, it supports innovation and entrepreneurship and invests in modern manufacturing technology that helps create globally competitive capacities and set up greenfield factories.
Building good relationships
We want everyone to feel good about the products we sell, which is why we put a lot of work into our supplier relationships and those relationships that reach beyond ours. There are about 600,000 people working for companies that directly supply to IKEA around the world and we want to be sure they are all treated fairly.
That’s why, in 2000 we launched IWAY, our supplier code of conduct. Our suppliers are responsible for communicating IWAY to their sub-suppliers and we are supporting them to do this. All home furnishing suppliers must comply with IWAY requirements, otherwise they are phased out.
What is the IWAY Standard?
Our supplier code of conduct, the IWAY Standard, plays an important role in positive developments. It specifies our minimum requirements relating to the environment, social impact and working conditions.
We visit our suppliers regularly to check that they are following the IWAY Standard. Around 80 IKEA auditors, as well as independent third-party auditors make both announced and unannounced checks on suppliers and their sub-suppliers.
The IWAY Standard requirements include:
- No child labour
- No forced or bonded labour
- No discrimination
- Freedom of association
- At least minimum wages and overtime compensation
- A safe and healthy work environment, preventing pollution to air, ground and water and work to reduce energy consumption.
IKEA India gets ready to open
IKEA is driven by the vision of creating “a better everyday life for the many people”. And right now, they are on the threshold of reaching more of the many people. Many, many, more. Yes, after several years of preparation IKEA is about to open up shop in India.