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Companies

First Uniqlo outlet in India slated to open in 2019

Japan's Fast Retailing attracted by huge and growing market

  © Reuters

TOKYO -- Fast Retailing  will take its Uniqlo casual clothes retail chain to India in the fall of 2019 when it opens its first outlet in Delhi, the Japanese company announced Wednesday.

The entry into the Indian market, which is enjoying fast economic growth, is a key step in Fast Retailing's Asian expansion plan. It comes after the company received the Indian government's approval of its application to operate a business in the country, which it submitted November 2017.

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