The government on Thursday cleared Swedish home furnishing major IKEA’s Rs 10,500-crore investment proposal, the biggest investment in single-brand retail sector after the government liberalised policy in November 2011. IKEA, which has already been sourcing products from India over the […]
Blog
October 11, 2012
Ikea plans to tweak designs for Indian market
Swedish furniture retailer Ikea will tweak its range, design and some styles to suit local tastes for its proposed Indian retail venture, a senior company official said on Wednesday at the India Retail Forum in Mumbai. “We don’t know yet […]
Blog
January 11, 2012
India Allows 100% FDI In Single Brand Retail
The Indian government on Tuesday allowed foreign investors to float and run wholly owned single brand retail stores even as the bigger reform measure of opening multi-brand retailing to international investors remains mired in political cobweb. Currently, foreign direct investment […]
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