French food, unlike Italian and American fast food, wasn't part of the gastronomy boom in post-liberalised India, but that might be slowly changing. The globally acclaimed French restaurant chain Paul recently opened for business in Delhi NCR, including at south Delhi's Select Citywalk Mall in Saket.
The value of the transaction could be between Rs 3,000 crore and Rs 4,000 crore
Retailers have started expanding their stores rapidly. Unlike in the past two years of the pandemic, shopping mall outlets are high on their priority list.
Special shopping schemes, apps, offers with instant gifts, small scale events, exhibitions… malls are pulling out all the stops to woo customers back in
The company is mulling locations beyond Delhi-NCR for its second shopping centre, though the national capital region remains its first preference, and is looking for long-term financial partnership for the project.
"H&M will open doors to its first Indian flagship store in New Delhi this Fall," the company said in a statement here.