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- Bonanza Garments plans Indian foray
Bonanza Garments a Pakistan-based clothing brand plans to foray into India via franchise route. Dr Muhammad Iqbal, Head, Franchise and Branding, Bonanza Garment Industries Pvt. Ltd says: “We are looking into the possibilities of opening our stores in India. However, it all depends on how soon the trade activities normalise between India and Pakistan. We cannot answer when we will enter India, until we get clarity with regard to the notifications from both India and Pakistan trade ministries.”
For expansion in India the brand targets to have stores in key malls like Select City, Emporio and Ambience and South Extension, New Delhi is also a preferred place.
Presently the brand has its presence in Pakistan with 52 stores and five more stores are in pipeline and are expected to be launch by July.