International fashion brand Massimo Dutti is now planning to set up stores in India soon. The proposal of the brand from Spain’s Zara stable is listed for the Foreign Investment Promotion Board (FIPB) meeting. The application has been made by Grupo Massimo Dutti SA, which operates as a subsidiary of the euro 13.8-billion Spanish retail chain Industria de Diseno Textil SA (Inditex), which owns the Zara and Massimo Dutti brands, among others. This big development in the retail sector will be an added opportunity which signage players in the retail sector can switch to for new business.
