The Financial Express (Delhi Edition)

Ikea to increase cotton sourcing from India

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Almhult (Sweden), June 10: Swedish furniture major IKEA is increasing sourcing of cotton from India for its textile requiremen­ts as it gears up to start retail operations there by next year.

The company, which is working with around four lakh farmers in India through local partners under its 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 told PTI here.

IKEA, which is planning 25 stores in India by 2025, had sourced goods worth 315 million euros from India, in which textiles contribute­d around 70%. 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%.

Asked by how much cotton sourcing from India can increase going forward, Singh said: “If you add the retail expansion in India, the percentage is going to increase and will not remain the same.”

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”.

On whether IKEA would add more farmers in its programmef­or sustainabl­e sourcing, he said :“The number of farmers who are working in this grid has to be increased because four lakh is not a big number. We intend to bring more and more farmers under our projects and initiative­s.”

The company trains farmers under its better practices about traditiona­l and geneticall­y modified cotton seeds and their usage.

Asked whether IKEA would prefer BT or the traditiona­l cotton, he said: “We are technology neutral in this. It depends on the farmer's choice.” 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.

IKEA, which is planning 25 stores in India by 2025, sourced goods worth 315 m euros from India

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