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Malaysian retail chain Kioda to enter India with investment plan of $10mn

Related Keywords: both companies will invest about USD ten million, Franchise India Holdings Ltd, franchise solutions company, joint venture, Kioda, Malaysian fashion and lifestyle concept retail chain, marketing and expansion, over next three to four years, planning to enter India

Malaysian fashion and lifestyle concept retail chain Kioda is planning to enter India, in a joint venture with franchise solutions company Franchise India Holdings Ltd, a top Kioda executive said.

Both the companies will be investing about $10 million over the next three to four years for marketing and expansion and will begin operations in the national capital, starting September 2017.

Over the next five years, the company is planning to open 200-300 concept stores in India, starting with mega cities like New Delhi, Mumbai and Chennai.

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