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Despite approvals, your wait for an Ikea store may get longer
In an interview with CNBC-TV18, Ikea's India CEO Juvencio Maeztu said the Swedish firm has a long-term view on India as it has been wanting to start its retail outlets in the country for the last six years. #India #FDI #retail #CNBCTV18Exclusive #IKEA #Furniture
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Govt examining all possibility to raise FDI ceiling to up inflows :Rajan
Chief Economic Advisor Raghuram Rajan today said the government is examining all possibility of raising foreign direct investment ceiling in various sectors to help increase inflows and prop up economic growth #TheySaidIt #Raghuram Rajan #WPI inflation #FDI in retail #IKEA #CAD #CPI Inflation
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Cabinet clears Swedish firm IKEA's Rs 10,500 cr investment proposal
Foreign Investment Promotion Board, which clears foreign investment proposals in the country, gave its approval to IKEA's investment proposal in February. #Business #CompanyWatch #FIPB #CCEA #IKEA
Wire
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China Daily
IKEA to build new outlet in NW China
XI'AN - The world's largest furniture retailer IKEA will open an outlet in Xi'an, capital of northwest China's Shaanxi province, according to a Xi'an municipal government statement. The outlet as well as its logistics center will be located in Fengdong n #China #Shanghai
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Moneycontrol.com
After long wait, IKEA in no rush for quick launch of stores
Juvencio Maeztu, head of IKEA's operations in India, says that no shortcuts will be taken in the process of launching its stores in India. With access to the largest number of people being the retail giant's credo, Maeztu adds that the company’s focus is #India #CNBC
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Rediff
We've tried to understand India's needs: IKEA India chief
Patience has kept IKEA, the euro 27-billion Swedish retailer, going despite entry hurdles. So says Juvencio Maeztu, its chief executive officer for India. The showpiece for foreign investment in single-brand retailing, it plans to invest what it takes in #India #Wal-Mart #Europe




