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Major apparel companies increasingly branch out into Indian market
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The Indian apparel market is assumed to be worth Rup 1000 billion (ca
US$ 230 million). Large enterprises (department stores, shopping malls and supermarkets)
account for 20% of the total. At present, major foreign apparel companies, Diesel,
Tommy Hilfiger, Esprit, Louis Vuitton, FCUK, Lee Cooper, Escada and Dunhill have
branched out into this market. Further, some big Indian financial combines such
as Reliance and Tata have successively entered into retail fields and have set
up retail chains across the whole country.
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