Ikea woos India’s rising consumer class, tapping new markets

HYDERABAD, India (AP) – In Hyderabad’s bustling Nampally furniture market, customers explore a crowded, dusty labyrinth of shops, haggle over prices and work with carpenters to design made-to-order housewares. This is the competition Swedish giant Ikea faces in tackling the USD40 billion Indian market for home furnishings, which is growing quickly along with the country’s consumer class. More details in Weekend’s Borneo Bulletin