A man walks by the entrance of a Galeries Lafayette department store in Nantes, western France, on March 2, 2023. LOIC VENANCE / AFP
French luxury retailer Galeries Lafayette said, on Wednesday, October 15, that it would open its first store in India, aiming to tap into the country's rapidly expanding market for high-end goods.
The flagship store, a sprawling 90,000-square-foot outlet in Mumbai, India's financial capital, will feature 250 luxury and designer brands and is scheduled to open in early November.
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The French companies betting on India: 'The India of today is the China of 20 years ago'
