American clothing giant Gap Inc has revived plans to enter the Indian market . Gap Inc’s senior vice-president of international strategic alliances, Ron Young, was recently in the country on a fact-finding trip, suggesting that the company is making preliminary moves to set up shop in India.
Gap Inc’s team has sounded out prominent Indian apparel makers including Reliance Brands, Aditya Birla Nuvo-owned Madura Garments and the Future Group. No agreement has been sealed yet, apparel industry officials said seeking anonymity.
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Wednesday, May 26, 2010
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