INGKA Holding

But today, it's undeniably a global company.

While it still maintains a managerial footprint within Sweden, its parent company, Ingka Holdings, and the branch that controls franchising is headquartered in the Netherlands.

As for manufacturing, much of this happens in Poland with its wooden products manufactured by IKEA Industry.

In 2025, IKEA opened its first location in New Zealand, an appropriately isolated country to mark a pretty unprecedented 64th total country served.

So, uh...

But at the moment, those two centers outside, uh, Delhi are the biggest investments Ingka is doing, IKEA is doing anywhere in the world at the moment.

So I think we- it's quite cool actually that we have them here in India.

And, and can you tell us a little more about the thinking behind that?