Thai retailer enters India
Thai home-furnishings retail retailer Index Living Mall Co is set to enter India next year through a franchise agreement with an Indian partner. The agreement will see seven outlets established over the next five years, starting with a store in Mumbai.
"India has huge market potential, reflecting the boom of the overall economy during the past four years," says Index Living Mall Co Managing Director Kijja Pattamasattayasonthi. "India has huge market potential."
Index Living Mall Co operates 13 stores in Thailand, with three more in development and a target of 20 in total. India represents Index Living Mall Co's second international market, with the company already established in six locations in Indonesia. Further plans exist to develop a presence in Dubai.
"India has huge market potential, reflecting the boom of the overall economy during the past four years," says Index Living Mall Co Managing Director Kijja Pattamasattayasonthi. "India has huge market potential."
Index Living Mall Co operates 13 stores in Thailand, with three more in development and a target of 20 in total. India represents Index Living Mall Co's second international market, with the company already established in six locations in Indonesia. Further plans exist to develop a presence in Dubai.
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This article appeared on page 43 of the Q2 2006 edition of Franchise International
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This is an International Franchise News article, have you read the following articles in this category?
- California Pizza Kitchen: US casual restaurant chain signs Dubai franchise deal
- The Linguaphone Group: Pingu’s English sells its first Master Franchise
- Papa John's Pizza: Papa John agrees multiple franchise deals for Canada
- Gold's Gym: US international gym franchise continues expansion
- Choice Hotels International: US hotel company celebrates 2007 success
- Cartridge World: Cartridge World set to continue Asia expansion
- Pet Butler: Pet Butler celebrates opening of 100th franchise
- Burger King: Fast food giant opens outlets in Beijing and Shanghai
- McDonald's Restaurants: McDonalds aims to franchise in Kosovo
- Domino's Pizza Group: Domino’s Pizza set to expand franchise
- All International Franchise News Articles (134)
- California Pizza Kitchen: US casual restaurant chain signs Dubai franchise deal
- The Linguaphone Group: Pingu’s English sells its first Master Franchise
- Papa John's Pizza: Papa John agrees multiple franchise deals for Canada
- Gold's Gym: US international gym franchise continues expansion
- Choice Hotels International: US hotel company celebrates 2007 success
- Cartridge World: Cartridge World set to continue Asia expansion
- Pet Butler: Pet Butler celebrates opening of 100th franchise
- Burger King: Fast food giant opens outlets in Beijing and Shanghai
- McDonald's Restaurants: McDonalds aims to franchise in Kosovo
- Domino's Pizza Group: Domino’s Pizza set to expand franchise
- All International Franchise News Articles (134)
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