Senior Correspondent, IndianRetailer.com & Retailer Magazine Dec 17, 2018 / 2 MIN READ
Miniso, Japanese retail brand, is planning to source India-made products for its stores in the US and Australia. Initially, the products that will be sourced from India include socks and snacks.
In order to cater to its expanding network, Miniso India is also making an investment to set up its own warehouses in Delhi, Mumbai, Kolkata and Bengaluru.
Yang Liu, Chief Business Development Officer, Miniso India, said, "We are looking into getting more local purchase and we also want to sell Indian products to other countries."
"We have built up a system. We do not only want to import here but also export from here to markets like Australia and the US," he added.
Miniso started retail operations in India in August 2017. It clocked Rs 700 crore revenue in one year. The brand is planning to take its store-count to 800 by 2019.
MINISO India offers high quality products to its customers at value for money price points.
With this partnership, Miniso India is planning to bring its merchandise ranging from household and consumer goods and other non-durables to the 2GUD platform.
The partnership will make the range of Miniso products accessible to customers across the country.
The Japanese lifestyle retailer introduced four new stores in the previous month.
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