ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

7-Eleven brings taste of Japanese convenience to India

First store to open this year under franchise deal with Future Group

A 7-Eleven convenience store in Tokyo. Seven & i Holdings will bring the model to India through a franchise agreement with local retail conglomerate Future Group. (Photo courtesy of 7-Eleven Japan)

MUMBAI -- Seven & i Holdings will open Japanese-style 7-Eleven convenience stores in India this year, seizing an opening in a massive market dominated by mom-and-pop retailers as growth slows in Japan.

U.S. unit 7-Eleven has signed a franchise agreement with a subsidiary of Future Retail, part of India's Future Group, Seven & i said Thursday. While the total number of stores has yet to be determined, Future Group founder and CEO Kishore Biyani said in a TV interview that the first will be located in Mumbai.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more