Japan Retail Association on their third consecutive visit to India

Japan Retailers Association (JRA) was recently on their third consecutive visit to India. On this occasion, Jun Omi, Secretary General, Japan Retailers Association said, “This is the 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 its needs.”

JRA delegation from Tokyo was received by Indian Franchise Association (IFA). Addressing the meeting Ritu Marya, Director, IFA highlights, “Interactions at association level would provide a high level platform to the entrepreneurs of both the countries to explore the symbiotic opportunities in retail and franchising sectors.”

Arvind Singhatiya, Head-training and Content, Indian Franchise Association, in his presentation spoke about the current scenario of modern retail and franchise sector in India. He informed, “Post economic crisis era is crucial for Indian retail sector as most of the retailers are now geared up to capitalise on an 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.

Ritu Marya underlined the importance of international investments in Indian retail and franchising. She further informs, “Current economic growth of 6.5 per cent per annum, stable government at the center and business friendly policies offer unique opportunities to invest in India.”

The Japanese delegation was headed by Jun Omi, Secretary General, JRA and other prominent industry leaders like Mika Kuwahara, Fukui Prefectural University, Noriko Nagahara, Nagahara Marketing Institute and many others.

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