Gap to open 40 stores in IndiaStaff writer ▼ | August 23, 2014
Gap announced plans to enter India through franchise-operated Gap brand stores in 2015. Gap is partnering with Arvind Lifestyle Brand Limited, a subsidiary of Arvind Limited.
Spreading in India First stores to open in Mumbai and Delhi in 2015
"India is an emerging, vibrant market and an important next step in our global expansion strategy," said Steve Sunnucks, Global President of Gap.
As the world’s second most populated country with more than 1.2 billion people, India represents an important platform to bring American casual style to consumers around the world.
Gap has a long-standing commitment to India having sourced products from the country for decades. India is one of the company’s top ten global sourcing locations and Gap Inc. has worked in an effort to build meaningful relationships and responsible practices with our vendor partners.
In 2007, Gap Inc. launched the P.A.C.E. (Personal Advancement & Career Enhancement) workplace education program in India with one vendor in two manufacturing units. The program offers female garment workers the life skills education and technical training they need to advance at work and in life. Currently 25 of the 64 manufacturing facilities that participate in the program are based in India.
Since launching its first franchise-operated store in 2006, Gap Inc. has quickly expanded the international reach of its brands, which now includes almost 400 franchise-operated stores along with about 3,200 company-owned stores. The Gap brand now has a presence in nearly 50 countries, due to the rapid acceleration and commitment to the global expansion strategy. ■