| | NOVEMBER 20269IKEA India will open its second Bengaluru store at Konanakunte Cross on 5 November, expanding its presence through smaller urban formats. The 80,000-sq-ft outlet at Purva Zentech on Kanakapura Main Road will display more than 5,200 products, while customers can order from the full range of over 7,000 items. It is a short walk from Konanakunte Cross Metro station. The company is closing its Whitefield plan-and-order point and targets 30 outlets nationwide by 2030, with Coimbatore, Vi-sakhapatnam, Vijayawada, Jaipur and Chandigarh under evaluation. IKEA India reported revenue of Rs 1,749.5 crore in FY25 along-side a net loss exceeding Rs 1,300 crore, prioritising market penetra-tion over profitability. Ambuja Cements, part of the Adani Portfolio, has finalised its next expansion phase to add 30 MTPA of cement capacity through greenfield and brownfield projects, with growth Bosch Home Comfort Group will launch Bosch-branded air conditioners in India next year, targeting a double-digit market share within two years, said Managing Director Sanjay Sudha-karan. The company plans to invest about Rs 900 crore in manufactur-ing, localisation and engineering. Under a dual-brand strategy, Hita-chi will serve the mainstream and mass-premium segments, while Bosch targets performance-premi-um and super-premium buyers, with prices starting around Rs 45,000 to Rs 50,000. The Kadi plant in Gujarat has annual capacity above 10 lakh units, and about 75 per cent of procurement is do-mestic. The firm is weighing an additional facility in southern India and aims to rank among India's top five cooling brands. IKEA TO OPEN SECOND BENGALURU STORE ON 5 NOVEMBERBOSCH HOME COMFORT PLANS RS 900-CRORE PUSH IN INDIA'S AC MARKETAMBUJA CEMENTS PLANS RS 14,500-CRORE EXPANSION TO ADD 30 MTPARETAILCONSUMER DURABLESINFRASTRUCTURE AND MANUFACTURINGNarendra Modi, Prime Minister of India says, "A stronger economic partnership between India and New Zealand will create new opportunities for businesses, innovators, and the youth of both countries." capital expenditure of about Rs 14,500 crore. New grinding capacity will comprise 15.5 MTPA in the West, 11.6 MTPA in the East and 2.9 MTPA in the North, supported by additional clinker capacity. The plan will lift capacity from the current 113.5 MTPA to 155 MTPA by FY30. Vinod Bahety, CEO of the Adani Group's cement business, said expanding closer to key markets would cut logistics costs and help reach a cost of Rs 4,000 per tonne by FY28.
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