Well, at least one retailer is making some progress in expanding into India.
IKEA has signed agreements with the states of Karnataka and Telengana to open stores there, making the global home furnishings giant one of the first companies to be approved for a 100 percent investment in the country, Reuters says.
Exact locations for the stores have not yet been determined, IKEA India Chief Executive Juvencio Maeztu told Reuters.
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