This man is one of the richest in the world.His company was in news recently for backing out of a proposed expansion plan
Name the person and mention the expansion plan talked about.
Answer
Ingvar Kamprad,the founder and owner of the world's largest furniture manufacturer IKEA.
Quoting Business Standard "The world's largest furniture maker, IKEA, has shelved plans to enter the Indian retail market because of stringent FDI norms, but the company said it would continue sourcing supplies from the country for its international operations."
1 comment:
IKEA founder Ingvar Kamprad.
ikea has backed out from opening its stores n india.
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