Tadashi Yanai, chairman (and general manager) of Japan’s Fast Retailing Group, which operates the famous clothing brand Uniqlo, held talks with Indian Prime Minister Narendra Modi on the 25th and said that Uniqlo plans to enter India and open stores now. procurement and production.
An Indian apparel industry official who held talks with Tadashi Yanai that day said that since Modi took office in May, India has attached great importance to investment from Japan and welcomed Uniqlo’s arrival.
Fast Retailing Group is a leading company in Japan’s clothing retail industry. It has 9 major brands and has more than 1,600 stores around the world, ranking first in Asia’s clothing retail industry. This time it enters India to target its huge market of 1.2 billion people.