India IKEA

In this photo taken on June 18, 2008, the IKEA logo is shown on the side of the warehouse-sized store during the grand opening of New York City’s first IKEA in the Red Hook section of Brooklyn. The Swedish retailer has applied to invest a total of Euro 1.5 billion ($1.2 billion) to open 25 stores in India, India’s Commerce Ministry Anand Sharma said Friday, June 22, 2012. (AP Photo/Mark Lennihan)