Published on Fri, Sep 08, 2006 at 17:08 | Source : Moneycontrol.com
Updated at Fri, Sep 08, 2006 at 20:31
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India is an important market: AS Watson & Co
On the first day of the Images Retail Forum in Mumbai there are around 2500 participants and around 200 companies at the exhibition. CNBC-TV18 takes a look at what’s happening in that space.
On the first day of the Images Retail Forum in Mumbai there are around 2500 participants and around 200 companies at the exhibition. CNBC-TV18 takes a look at what's happening in that space.
Most of the companies at the Images Retail Forum have announced mega expansion plans. Krish Iyer, MD, A S Watson & Co (India) says, "We believe that India is an attractive market. The health and beauty segment has been growing at 12%. Overall, India's organized retail has been growing at 30%, so it's an important market for us."
"At the same time, it's important for us to look at the government's policies on FDI and accordingly form our plans, " he added.
