Briefly Business: Govt restricts what IKEA can sell in India
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Govt restricts what IKEA can sell in India
New Delhi: The government has placed tight restrictions on what IKEA can sell in the country, in what would be the latest hitch for the furniture seller as it plots 1.5 billion euros expansion there, according to news reports. The finance ministry has forbidden IKEA from selling items including textile products and office supplies, cutting the number of product categories the company can sell to 15 from 29.
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