Indus Fila

This site provides detailed information on Indus Fila. The site also focuses on the current status and future prospect of Indus Fila's operations in India.

The concept of retail chain market is new to Indian consumers. Actually, the British colonial government introduced the idea of supermarkets to facilitate its officers with access of all household goods under one roof. The Indus Fila Group is a Bangalore based company. The Indus Fila is an apparel manufacturer and exporter. Most of Indus Fila's revenues comes from exports and the rest meager amount from trading.

Although, Indus Fila doesn't have any retail outlets in India, the company is planning to open up retail shops in India soon. As per reports, the Indus Fila retail shops will be operative in India from the end of FY 2008 or early FY 2009. The company have earmarked Rs 20 crore for opening retail chain in India. Indus Fila is planning to open 12 retail garment outlets in Bangalore and would further expand to all metros and other semi-urban areas. Furthermore, the Indus Fila group is planning to acquire big brands in the US and Europe.

Indus Fila - the key points that attracted them to open retail chains in India, are:

• India ranks 5th on global retail development index
• It is the second fastest growing economy of the world
• It is going to be the 3rd largest economy in terms of GDP in next few years
• It ranks high amongst the top 10 FDI destinations of the world
• It is the fastest growing tourist market in Asia
• World bank states that India to be world's second largest economy after China by the year 2050
• Stable and investor friendly Central Government at the helm of affairs
• Introduction of Value Added Tax or VAT and tax reforms
• High degree of professionalism and corporate ethics
• Excellent Investment opportunities in Indian retail sector and in allied sectors; sure and high returns on investments
• To invest US $130 billion for the development of infrastructure, by 2010
• To attract US $ 10 billion FDI for infrastructure development by 2008
• Bullish stock markets
• Hordes of foreign investors are thronging in to invest in Indian retail markets
• Highly educated English speaking young workforce
• Vibrant and multi cultured cities
• Till date the second largest employer after agriculture sector, for the huge semi-skilled Indian population
• In a nascent stage of development as an organized industry