Indian Retail Space is the Potential and Safest Option to Invest

April 2, 2010 - “Retail in Japan has achieved maturity and now they gaze India a promising investment destination” says Mr. Jun Omi. Secretary General, Japan Retailers Association at a breakfast interaction with Indian Franchise Association.

The incoming Japan Retail Association’s delegation from Tokyo was received by Indian Franchise Association. While addressing at the breakfast meeting Mrs Ritu Marya said “interactions at Association level would provide a high level platform to the entrepreneurs of both the countries to explore the symbiotic opportunities in retail & franchising sectors.”

Mr Arvind Singhatiya, Head-training & Content, Indian Franchise Association, in his presentation uttered about the current scenario of modern retail and franchise sector in India, he said “post economic crisis era is crucial for Indian retail sector as most of the retailers are now geared up to capitalized on increased consumer spending and better economic scenario”. Highlighting the role of IFA he added that it is the only association dedicated to promote the franchising way of doing business in India and across the globe

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Mrs Ritu Marya, Director, Indian Franchising Association, in her special remarks underlined the importance of international investments in Indian retail and franchising, she said “Current Economic growth of 6.5% per annum, stable government at the center and business friendly policies offers unique opportunity to invest in India”. She was optimistic with the IFA – JRA tie up and said this will be having a far reaching impact on Indian business scenario.

“This is consecutive third year when we are visiting Indian retail markets and malls, and I am very thankful to Indian Franchise Association for their support and cooperation, I feel Indian retail space is a potential and promising investment destination and the sole purpose of our visit to India is to understand the local market and needs” said Mr Jun Omi in his opening remarks at Indian Franchise Association’s head quarter. He and the accompanying delegation was keen to understand the Indian retail market and were exploring the opportunities in retail business.

The Japanese delegation was headed by Mr. Jun Omi, Secretary General, JRA and prominent industry leaders like Ms. Mika Kuwahara Fukui Prefectural University, Ms. Noriko Nagahara Nagahara Marketing Institute, Mr. Kazuyoshi Terao, Star Seimitsu Co.,Ltd, Mr. Noboru Iijima, Asahi Beer Co.Ltd, Mr. Yasushi Sakanoue, Mr. Masato Shima, Fukushima Industry Co.,Ltd.

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