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Ikea looks for new markets

20 September 2010 Last updated at 09:36 BST

Swedish furniture chain Ikea has a worldwide presence, but one place you will not find an Ikea store is in India.

While it sources many of its materials and products from there it is yet to open its homeware stores in the country.

Mikael Ohlsson, the company's CEO, has nonetheless been visiting India, and has big plans for the country, if the government relaxes the rules over foreign retailers.

The BBC's Nidhi Dutt caught up with Mr Ohlsson on his latest trip, and asked him how keen Ikea is to do business in South Asia's largest market.