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Ikea to invest Rs 5,000 crore in Uttar Pradesh

Updated : December 20, 2018 11:48 PM IST

Ikea, which is planning to set-up a large format store in Noida, has signed a memorandum of understanding (MoU) with the Uttar Pradesh government for opening of stores in the state.
In 2013, Ikea received nod from the government to invest Rs 10,500 crore in single-brand retail.
Ikea to invest Rs 5,000 crore in Uttar Pradesh
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