An Influx of International Brands in India
Retail stores such as H&M and Gap recently opened in India, highlighting a recent influx of international retailers targeting the country. Beneficial economic policies, increased annual disposable income and heightened awareness of international players are all making conditions favorable for these retailers to expand into India. However, a lack of space and high real estate costs may keep some players out of the country. Currently the government of India is working with real estate developers to amend these issues.
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