IKEA is one of the best furniture mall I have ever seen when in Kuwait, And was the only thing which I missed when I returned to India, and since then always followed any news of it coming to India.
According to ET Bureau May 3, 2013, 02.05AM IST – ARTICLE
NEW DELHI: 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 last 25 years, initially plans to set up 10 furnishing and homeware stores over a period of ten years. Commerce and industry minister Anand Sharma called the decision a ‘historic’ one.
