New Delhi, Oct. 11 -- Japan's wealthiest man and Uniqlo founder and chairman Tadashi Yanai, who runs the third largest apparel retailing company, Fast Retailing group, said it has made significant investments in India ahead of the brand's maiden store launch.
Yanai, 70, who was in New Delhi for the store launch on Friday, 4 October, said importing apparel, and setting up stores in India comes at a price. "I'm not at liberty of disclosing the numbers," he said, when asked about the company's investments in India's nearly $800-billion retail market.
"But you have a commitment-commitment means huge amount of investment. It is not only about having a store, but all about creating garments and transporting garments and listening to customers. ...