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Thailand: Index Living Mall to have franchise in Bombay.
(From Thai Press Reports)
Section: Corporate News - Index Living Mall Co Ltd, a major operator of home furnishing complexes in Thailand, has signed a memorandum of understanding with an investor in India for a 10-year licence to open a large retail complex in Bombay, The Nation reports.
The first Index Living Mall in India, covering more than 6,000 square metres, will open next year.
Index Living Mall managing director Kijja Pattamasattayasonthi said India was a developing country with high potential as a market for furniture and home living products.
"There are plans to open 300 new shopping centres in India over the next three years," he …
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