Swedish furniture retailer Ikea AB is expected to open its first outlet in India at Hyderabad and the Telangana government has promised to fast-track all necessary clearances as the new state seeks to attract investments. After a meeting with top Ikea executives, chief minister K. Chandrashekar Rao was quoted as saying all necessary clearances will be given through a single window to expedite the process of opening the store in the city. A high-level team from the company represented by Juvenico Maeztu, Ikea Indian arm chief executive officer, and Preet Dhupar, chief financial officer, met Rao at the Secretariat here on Wednesday, a state government press release said. “He (Maeztu) explained in detail the genesis and growth of the company. ...

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