Global apparel retailer Uniqlo Co. will enter the Indian market in fall 2019, signaling its strong resolve to penetrate Asia's third-largest economy as part of a global campaign.
Announcing the establishment of its wholly owned subsidiary Uniqlo India Pvt. Ltd. on Wednesday, Uniqlo said it will soon start hiring local talent to prepare to open a store in Delhi, its 22nd overseas market.
"Our entry in India represents a significant step in our company's global strategy, and we are very pleased and excited to be part of the company's growing retail market," Tadashi Yanai, chairman of Fast Retailing Co., said in a statement. Fast Retailing is the parent of the Japan's leading casual clothing chain.