Content about Delhi

January 21, 2013

A report by Bloomberg said that Ikea has received the go-ahead from the Indian government to open outlets in the country, making it perhaps the first major foreign retailer to set up its own stores in the region.

Delhi, India -- A Monday report by Bloomberg said that Ikea has received the go-ahead from the Indian government to open outlets in the country, making it perhaps the first major foreign retailer to set up its own stores in the region.

The Swedish furniture retailer was cleared by the Foreign Investment Promotion Board, according to a statement by Commerce Minister Anand Sharma. The approval is a turnaround for the Indian government which last year barred Ikea from operating cafes and limited retail wares it could sell in stores.

June 30, 2008

Editor’s note: India’s retail revolution is starting to take off. Speaking at the World...

June 30, 2008

Editor’s note: India’s retail revolution is starting to take off. Speaking at the World...

January 31, 2007

Editor’s note:India’s growing economy is attracting worldwide interest, evidenced by Wal-Mart Stores’ announcement in November...