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Muji stores to open in India as country eases restrictions

TOKYO -- Ryohin Keikaku, operator of Muji stores, plans to enter India as soon as next year, making it the first major Japanese retailer to do so.

     Ryohin Keikaku is finalizing an agreement with a local retailer to form a joint venture in which the Japanese company will have a 51% stake. Ryohin Keikaku will be responsible for the product lineup and store design, while the Indian partner will handle personnel and distribution.

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