IKEA to up sourcing of toys from India

Swedish furniture major IKEA, which has a range of over 1,000 products as part of its children's range, is looking to scale up sourcing of toys from India for its operations here, said a top company official.

Besides, IKEA India is also aiming to have around 12% of sales from kids' range of products in the coming years.

The company, which currently sources only cottonbased soft toys from India, is also exploring to expand in some other categories such as wooden toys, said IKEA India Country Commercial Manager Kavitha Rao.

IKEA, which has participated in the India Toy Fair, said it is exploring opportunities to partner with several players in the toy segment, which is a big focus area of the company.

When being asked as to whether IKEA is going to increase sourcing of toys from India, Rao told PTI, "Of course, yes. That is one of the main reasons why we are part of the toys fair." "Because we could be a large buyer and of course, it is contingent on meeting standards and design thoughts. but we feel that there is a great opportunity for us to come together with some potential suppliers as part of the player as well," she added.

In India, 80% of the households live with children. "IKEA has a fairly large range of over 1,000 products as part of its children's range, which contributes around 6-8% currently, and we aim to reach 10-12% in the near future," Rao said.