Exclusive: IKEA seeks a way through the masala maze
New restrictions on masala bonds issuance might be a headache for MNCs but others see it as welcome tightening of restrictions.
For multinational corporations (MNCs) like IKEA, India is a perfect fit; a rapidly expanding urban middle class, large industrial and greenfield sites for its warehouses and a growing taste for the kind of minimalist Scandie-designed homeware for which the company has become famous.
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