IKEA has been trying to persuade the Indian government to relax its restrictions on foreign investment in retail so it can plant roots there. India produces much of IKEA's materials and products, but the country won't allow IKEA to actually open a store unless it joins forces with a local Indian firm. Yeahhh, not gonna happen: "Until something changes—and it doesn’t look like it will anytime soon—we’ll have to make do with IKEA knock-offs instead." [WSJ]
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