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The world's most reputable companies

June 10, 2008

No. 3: IKEA

IKEA is a global home products retailer. It is the world's third most reputable firm. Earlier this year, the Swedish major trashed the Indian retail growth story saying that the country was not even 'an emerging market' ready for big retailers with players making more mistakes than success.

Meanwhile, the other Indian companies that were considered for the list, but failed to make the cut include the biggest private sector lender ICICI Bank, top private and public sector telecom firms Bharti Airtel and BSNL, IT giant Wipro, Birla group's Grasim Industries, tobacco-to-consumer goods conglomerate ITC as well as two state-run firms -- oil refining and marketing major BPCL and national carrier Air India Ltd.

Image: Customers drive to a new IKEA store. | Photograph: Peter Muhly/AFP/Getty Images

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