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    JESPER BRODIN

    In global battle for talent, Indians fast emerging as the top choice

    While several Indians have in the last few years taken up top positions globally, even mid-level execs, with their inherent knowledge of a challenging but high-potential market environment, are now getting chosen for operational roles as multinationals from Mondelez and Diageo to Chanel, Starbucks and Procter & Gamble (P&G) shift focus to emerging markets to maintain growth momentum.

    India ranks no. 1, 2, 3 in Ikea's priority market list for investment: Jesper Brodin, Global CEO, Ingka Group

    India is Ikea's top investment priority market due to its economic growth and development. The company plans to tap into the growing furniture market, expand its ecommerce services, and open more stores. Ikea is in dialogue with the Indian government to set quality standards for its products.

    Davos: IKEA prices to fall despite Red Sea disruptions, says CEO Jesper Brodin

    Global commerce has been affected by Houthi militants' attacks on ships in Yemen, leading to shipping disruptions and rerouting vessels around the southern tip of Africa, resulting in longer and costlier journeys.

    'Challenging' year for Ikea, 10,000 layoffs in Russia

    The company, which halted retail operations in Russia in March after Moscow's invasion of Ukraine, has already "had to say goodbye" to around 10,000 of its 12,000 employees in Russia.

    Bommai inaugurates Ikea's store in Bengaluru, urges management to give more jobs to locals

    The Swedish multinational, the chief minister told the media, has decided to invest Rs 3000 crore over a period of time, and has assured him that three fourth of its employees will be local. He said he has requested Ikea management to hire locals, especially women, in large numbers, and promote local artisans.

    Every $ of investment in social jobs to generate 2.3x returns

    Investing in education, health and care jobs can yield a triple dividend -- boosting economic activity, expanding employment opportunities and generating social mobility, according to a new report published by the WEF on the last day of its Annual Meeting 2022.

    The Economic Times
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