The Modi 2.0 government aims to empower startups to grow through innovation and design. Its objective is to create a New India in which startups are encouraged to go global by helping to increase their turnover from Rs 25 crore to 100 crore. The “Startup India” action plan has a 19-point agenda, which envisages multiple incubation centers, easier patent filing, tax exemptions, ease of doing business and a Rs 10,000 crore corpus fund for investing in startups.Industry opinion is that the startups are cautiously optimistic, since the startup ecosystem has survived through various challenges.

Publication : Financial Express

Date : July 03, 2019

Ingka Group and IKEA India are taking the next step in transforming the business by integrating sustainability in its core retail business. As part of that initiative, Country Retail Managers will be accountable for implementing IKEA’s sustainability strategy, People & Planet Positive, in their respective countries.In India, IKEA will shift to electric vehicles for delivery services by 2025. Last year, the Better Air project was initiated with the goal of converting rice husk that is a major cause of pollution in northern India, into IKEA products.

Publication : The Hindu Business Line

Date : July 03, 2019

IKEA has announced that Peter Betzel will handle the additional responsibility as Chief Sustainability Officer for India.This is part of a wider transformation agenda that Ingka Group has embarked on. Ingka Group and IKEA India are taking the next step in transforming the business by integrating sustainability in the core of the IKEA retail business.The Country Retail Managers will be overall accountable for implementing the IKEA sustainability strategy. “We want to grow the IKEA business in a sustainable way – we know that our future success lies in our ability to make a positive impact for people and planet.

Publication : Exchange4media

Date : July 03, 2019