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Pakistani stores eye Indian markets

April 23, 2012
Pakistani
New Delhi, April 23: From running a single franchise store for 12 years in Delhi to planning to open 200 more across Mumbai, Delhi and smaller cities, Pakistan's largest fashion retail chain Sefam is the stuff businesses dream of.

After a successful showing at the first-ever Lifestyle Pakistan exhibition in Delhi, Sefam said the demand for Pakistani couture in India is too huge to be met through the one store they have in India.

The retail chain with eight brands including Barezee, is first planning a flagship store in Delhi , and also scouting for partners, said Zain Aziz, Sefam's head of international business.

They are one of several Pakistan lifestyle businesses ambitious about expansion plans in India following the huge response to the April exhibition.

Over 100 Pakistani lifestyle companies showcased their products and services in Delhi from April 12 to 15. The companies were from a wide range of segments , including textiles, couture and pret wear, designer furniture , leather accessories, food products, marble ornaments and handicrafts.

The exhibition has spurred 36-year-old designer Asim Jofa to plan exclusive outlets in India. Jofa has been selling in India through a distributor for the last three years, but is now eager to have his own stores. "I can't wait to start my own stores in India. It would be brilliant if we could trade with each other. After the wonderful response at the exhibition , I feel more than at home now," said Jofa.

Kashif, group CEO of leading Pakistani retail brand Chen One, which specializes in lawn prints and dresses, pret dresses and home textiles, said he is encouraged by the significant sales and bulk enquiries in Delhi. The retail chain is also looking to setting up stores across India once trade norms ease.

"Up until now, trade between the two countries has been indirect . But now we don't want that. It will be a win-win situation for both countries if we could increase trade," Kashif said. The brand is all set to come back for an exhibition in Mumbai to be held after two months, which will enable it to look for local partners. "We are looking for a joint venture here. We are very keen to work with India," he added.

With huge demand for Pakistani muslin and lawn dresses, Pakistani retailers said India could figure as their largest market after the US and UK if trading were to be opened up.

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News Network
July 20,2020

New Delhi, Jul 20: Alleging that 2,426 companies have "looted" people's savings to the tune of Rs 1.47 lakh crore from banks, Congress leader Rahul Gandhi has asked if the Prime Minister Narendra Modi led government will conduct a probe into it to punish those guilty.

"2,426 companies looted 1.47 lakh crore rupees of people's savings from banks. Will this government investigate this loot and punish the culprits?" Gandhi said on Twitter, without elaborating.

"Or will it allow them to flee like Nirav and Lalit Modi?" he asked.

Gandhi's attack came after media reports claimed that the All India Bank Employees Association (AIBEA) had released a list of 2,426 borrower accounts that have been categorised as “wilful defaulters” with dues amounting to Rs 1,47,350 crore to the banking system.

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Agencies
June 8,2020

Lucknow, Jun 8: The coronavirus which has now been assigned a gender, is being worshipped in Uttar Pradesh also after Bihar as superstition run deep. Women in some villages in Tumkuhiraj, Kasia, Hata, Captanganj and Khadda tehsil in Kushinagar district have started worshipping 'Corona Mai' and are pleading with her to spare lives.

These women have dug a small pit in the field, filled it with water and each one offers nine cloves and nine 'laddoos' to 'Corona Mai' to appease her.

Women from adjoining villages are now flocking to the 'temple' to pray to 'Corona Mai'.

Some local people have appealed to the district administration to stop such activities which spread superstition and misinformation.

Radhey Lal, a school teacher in Kasia, said, "The authorities must stop such activities which promote superstition. Everyone knows that there is no cure for corona and this kind of activities must be stopped."

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News Network
May 28,2020

New Delhi, May 28: With 6,566 more coronavirus cases and 194 deaths reported in the past 24 hours, India's COVID-19 tally reached 1,58,333 on Thursday, according to the Union Ministry of Health and Family Affairs.

The number of active coronavirus cases stands at 86,110, while 67,692 people have recovered and one patient has migrated, it said. The death toll due to the infection has reached 4,531 in the country.

Maharashtra is the worst affected state with 56,948 cases. Tamil Nadu has recorded as many as 18,545 cases while Gujarat and Delhi have recorded 15,195 and 15,257 coronavirus cases respectively.

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