Malaysian fashion and lifestyle retail chain Kioda is planning to enter India, in a joint venture with franchise solutions company Franchise India Holdings Ltd, according to a source for the company. Both the companies will be investing about $10 million over the next three to four years and will begin operations in the national capital, starting September this year. The company’s stores are based on Korean concept and experience. Over the next five years, the company is planning to open 200-300 concept stores in India, starting with mega cities like New Delhi, Mumbai and Chennai. Unveiling of the new high-end retail stores in the segment will be an added business opportunity for the signage companies whose activities involve in in-shop designs, displays and such tasks.
