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INDUSTRY OVERVIEW

Over the years, the retail industry in India has emerged as one of the most fast-paced and dynamic industries with a widespread potential that can still be tapped into. The country’s consumption expenditure has grown manifolds with total expenditure expected to be to reach nearly USD 3,600 billion by 2020 from USD 1,824 billion in 2017.

India is set to become the world’s fastest growing e-commerce market.

ABOUT THE COMPANY

The company wished to cement itself as a leading retailer in the lifestyle industry. They wished to bring entire ranges of furniture, decorative items, rugs and carpets, lamps under one roof.

SPECIFICATIONS

  • They wish to open physical stores in main Indian cities including Delhi, Mumbai, Bengaluru, and Chennai.
  • They have tie-ups with designers and leading furniture factories and want a large storage-unit to accompany their retail stores.
  • They want to shift base to a larger office space that can accommodate a new social media and marketing team.
  • They hope to simultaneously sell products online

OUR INVOLVEMENT

The firm already has extensive experience in the lifestyle sector and now want to branch out to a new height with a clear vision. They came to us seeking loan from a foreign investor. While they knew the benefits of raising capital from outside, they lacked technical knowledge about FDI in India.

As is first with every project we accept, we thoroughly researched the plan to deduce the foreign direct investment availability. We mapped the entry routes and any complications the project may face in the future. The challenge for us was to guide the entire project through the lengthy process of foreign direct investment without incurring major difficulties.

We connected the company with interested foreign investors, and hereafter, the project commenced.

CURRENT SCENARIO

  • The storage-unit is already fully functioning
  • One of many to come stores is being designed
  • Social media team has started marketing the brand online
  • They have unique designs that will go on the floor in the coming months