Uniqlo India plots rapid expansion plan

Uniqlo India plans to accelerate its expansion in India, aiming to open more stores in the coming years.

- Suneera Tandon

The company has already established a strong presence with nearly 15 stores in its first five years of operations, said a top executive at the company.

"We cannot give specific numbers because we need to find the best location with our landlord partners and it's still under discussion for most of the projects. Looking at the last five years we have set up 15 stores. Looking at the future, we are more confident to expand at a similar pace or even faster. Our pace will be faster than that. We aim to accelerate (expansion)," Kenji Inoue, CFO & COO, Uniqlo India, during a virtual interview with Mint on Thursday.