Hyderabad attracting retail brands despite economic slowdown

[NenuEvaru]

In addition to global retail players such as Ikea and Danube Home, UK-based global apparel retail brand Islamic Design House opens its store in city

Islamic Design House, a London based store, which opened its outlet in Hyderabad on Tuesday.

Hyderabad: Global economy has been seeing headwinds and so is the domestic economy. However, cities such as Hyderabad are showing stability and resilience. Hyderabad in particular and Telangana as a State has recently attracted major investments in the retail and apparel manufacturing space (to cater to retail demand).

$1.75 billion South Korean textiles and apparel major Youngone Corporation last month announced setting up a unit in Kakatiya Mega Textile Park (KMTP) in Warangal, with an investment of about Rs 900 crore, followed by the lifestyle retail brand Shoppers Stop signing an MoU with the State government on January 3 to establish its apparel manufacturing unit at Sircilla Apparel Park in Telangana.

 

While these investments are happening that will feed the retail sector, pure retail investments are also on the rise that indicate availability of quality high-street and mall retail space.

Hyderabad that attracted global retail players such as Ikea and Danube Home has seen a new addition with the UK-based global apparel retail brand Islamic Design House opening its retail store in the city (at City Centre Mall, Banjara Hills) on Tuesday, making it the second in India and first in the city.

IDH franchise owner Rahmath Unnisa told Telangana Today, “The ease of doing business in Telangana and the government’s boost to entrepreneurship led the apparel brand to set up the store in Hyderabad. The government made the clearances seamless with the help of digital platforms.”

Growth market

“Hyderabad is a big and dynamic market. There is a demand for quality apparel and retail experience. Places such as Banjara Hills offer competitive advantage and there are many more potential locations in the city that we will explore in near future where we will create more IDH stores to offer Islamic fashion. We could also look at Warangal and Nizamabad in future as these markets are already showing good online demand,” IDH franchise co-owner Mir Israr Ali Khan said.

The British brand has been widely focusing on markets such as Egypt, Kuwait, Saudi Arabia, UAE, Palestine, Jordan, UAE, South Africa and Mozambique.

Jewellery and lifestyle brand BlueStone has opened its third store at Sarath City Capital Mall in Hyderabad on Tuesday, which is its 16th store pan-India. The company has earlier set up stores in Madhapur and Jubilee Hills in the city.

Gaurav Singh Kushwaha, founder & CEO, BlueStone, said, “By March 2021, we plan to have 10-12 stores in Hyderabad, being a vast and potential city. We plan to have 100 stores across India by then. We will be setting up stores mostly through the franchise route. Majority of the stores in Hyderabad will be high-street stores. Each store typically attracts an investment of Rs 2 crore. The city has contributed a lot to the nation in the evolution of jewellery sector and new designs, and is a key hub for retail.”

[snoww]

Baboru pettina biksha antunna @futureofandhra bro

[sattipandu]

hmmmm 

if you say so

i dont think thats the ground reality though 

[JambaKrantu]

In 10 years Hyd will over take Bangalore and will be the biggest city in the south both population and GDP wise. Mark my words. 

At a time when all the other metro areas in India are slowing down Hyderbad is expanding rapidly. Good infrastructure, stable government and ease of living for all cultures(language and food for North Indians) will help it..

[lovemystate]

Just now, JambaKrantu said:

In 10 years Hyd will over take Bangalore and will be the biggest city in the south both population and GDP wise. Mark my words. 

At a time when all the other metro areas in India are slowing down Hyderbad is expanding rapidly. Good infrastructure, stable government and ease of living for all cultures(language and food for North Indians) will help it..

and most langas conitnue to be drivers or on the sidelines while north indians enjoy the "ease of living"

[futureofandhra]

1 minute ago, JambaKrantu said:

In 10 years Hyd will over take Bangalore and will be the biggest city in the south both population and GDP wise. Mark my words. 

At a time when all the other metro areas in India are slowing down Hyderbad is expanding rapidly. Good infrastructure, stable government and ease of living for all cultures(language and food for North Indians) will help it..

I agree true hyd will be top

[JambaKrantu]

Just now, lovemystate said:

and most langas conitnue to be drivers or on the sidelines while north indians enjoy the "ease of living"

Any true big city will have a lot of non locals. Look at NYC, Mumbai or any big city. It should be a city for all not one state or region. So called langas can enjoy the tax revenue and spend it on the rest of the state..

[WigsandThighs]

CBN 

[lovemystate]

10 minutes ago, JambaKrantu said:

Any true big city will have a lot of non locals. Look at NYC, Mumbai or any big city. It should be a city for all not one state or region. So called langas can enjoy the tax revenue and spend it on the rest of the state..

Hahah tax revenue goes to Delhi and they will spend again on north India .

[lovemystate]

Morover in nyc or any large city in the world nobody speaks the language of the migrant for their ease of living.. like langas fall over themselves to do.

[NenuEvaru]

9 minutes ago, lovemystate said:

Morover in nyc or any large city in the world nobody speaks the language of the migrant for their ease of living.. like langas fall over themselves to do.

Hello Pulkesh! how is Chinna laduu babu  ?

[sattipandu]

 

ella 10gaalsinaollani ella10ginaam kada parledhu le mem daanitho saripettukuntaam antunna langas 

 

[Android_Halwa]

40 minutes ago, JambaKrantu said:

In 10 years Hyd will over take Bangalore and will be the biggest city in the south both population and GDP wise. Mark my words. 

At a time when all the other metro areas in India are slowing down Hyderbad is expanding rapidly. Good infrastructure, stable government and ease of living for all cultures(language and food for North Indians) will help it..

Very optimistic about Hyd's growth.

Stable political environment, infrastructure,water,resources and room for growth will make Hyd a bright spot.

Language is not a bar neither local culture is a hindrance but welcoming everyone, attracting best and bright people across the nation. 

10 years down the road, I can see Hyd a much better city, probably India's third largest city only behind Delhi NCR and Mumbai, both in population and GDP.

Telangana Ki Shaan...

[bhaigan]

Hail Hyderabad

[lovemystate]

27 minutes ago, sattipandu said:

 

ella 10gaalsinaollani ella10ginaam kada parledhu le mem daanitho saripettukuntaam antunna langas 

 

inkem chestharile ...madatha petti pettukoka