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India in No Rush to Open 1st Ikea Store

By Aggregated Content in Furniture Retailing on May 16, 2013 from http://www.thelocal.se/47936/20130516/#.UZTQxCtNY9U The first Ikea store to open in India may not open for years, with the India head of the Swedish furniture giant prepared to wait years if needed to find the perfect location.

The Indian government approved last week Ikea's 105-billion rupees ($1.95-billion) plan to open 25 of its trademark blue-and-yellow stores in India as part of a wider push into emerging markets to increase sales.

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