Ikea Considers Expansion to India

June 7, 2012  by in UnCategorized   

By Aggregated Content in Business Strategy on June 8, 2012 from http://washpost.bloomberg.com/Story?docId=1376-M586LT6S972901-1R6FET9DFOMBQJID0JMLDTST25

Ikea Group will consider entering India after policy clarity, and open stores faster in China as it boosts sales outside Europe.

The company is watching legislative developments in India to weigh a potential entry, Chief Executive Officer Mikael Ohlsson said in an interview in Shanghai. In China, where Ikea is increasing store openings to three annually from one, sales are expected to rise by at least 20 percent this year, he said. 

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