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How should IKEA innovate in Indian market ?
The entry of Indian brands and the surge of the aspiring Indian middle class have boosted the furniture retailing in India. NCAER report has said that India will have a middle class population of 267 million by 2015-2016 with average income on an upswing. CSIL Italy has recognized India to be among the 14 largest furniture markets in the world. […]
Why China is revaluing its currency ?
China, the world’s second largest economy, has long been accused of manipulating its exchange rate with the dollar in order to boost its exports. In fact the US senate considers that the nearly 300 billion USD trade deficit that US has in its trade with China is largely due to Beijing’s policy of exchange rate. However, off-late the Chinese Yuan […]
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