
Partnership19 Dec 2024, 05:07 pm
Stove Kraft Ltd Partners with IKEA as Supply Partner
AI Summary
Stove Kraft Limited has been selected by IKEA, a global retail chain, as a supply partner. The partnership will involve the development of a range of cookware to be sold through IKEA’s global network of stores from 2026. The manufacturing facility for this partnership is being set up in a 180,000 sq ft area at Stove Kraft’s Harohalli campus. This partnership aligns with the company’s strategic objective of expanding its global footprint and strengthening its presence in international markets. It will also bring in global best practices in manufacturing and supply chain processes.
Key Highlights
- Stove Kraft Ltd partners with IKEA
- Partnership to develop a range of cookware for IKEA's global network of stores
- Manufacturing facility set up in 180,000 sq ft area at Harohalli campus
- Partnership aligns with company's strategic objective of expanding global footprint
- Partnership to bring in global best practices in manufacturing and supply chain processes