HYDERABAD, India -- Ikea, the world's largest furniture retailer, sees huge potential in Asia's third-largest economy as it enters the Indian market with a store that targets middle- and low-income consumers eager for fresh designs.
Thursday's opening here, originally scheduled for July 19, comes six years after the Swedish company announced ambitious long-term plans for 25 stores at a cost of 105 billion rupees ($1.53 billion).
