New Delhi: On May 30, 2022, Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) government finished eight years in office. Under his leadership, a lot of major brands have opened offices in India. This includes H&M, IKEA and more. It happened at a time when PM Modi pledged to carry out structural reforms to make India a more attractive place for foreign companies to operate.
Check out the list of brands that opened its offices in India after Modi won elections with a massive number of votes in 2014.
UNIQLO, a Japanese fashion retailer, opened its first store in India in the capital city of New Delhi in October 2019, and later launched its full-fledged e-commerce operations in India.
MG Motor made its India debut in 2019 with the release of Hector, and has since released models such as the ZS EV, Hector Plus, and Gloster SUV, among others.
Ikea established its first Indian store in Hyderabad in August 2018, followed by Mumbai, with plans to open stores in Bengaluru and Delhi in the future. It intends to open 25 outlets in India by 2025.
Saudi Arabian Oil Company, or Saudi Aramco, boosted its presence in India in October 2017 with the launch of a new Aramco Asia India office in New Delhi.
Jeep joined the Indian market directly in 2016, with the debut of its popular vehicles Wrangler and Grand Cherokee in the nation.
Netflix, a video streaming service based in the United States entered India in January 2016, with users able to access Netflix via an app on a smart TV, a video game console, a streaming player, a smartphone, or a tablet.
H&M opened its first store in India in 2015 as part of the foreign direct investment route for single-brand retailers, and it now has more than 50 outlets in the nation. It has also launched its home decor stores in metro cities.