Uniqlo sets bold target for India growth with Rs 3,000 crore vision
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Japanese apparel brand Uniqlo has unveiled an ambitious plan to triple its India sales over the next three years aiming to touch the Rs 3,000 crore mark. The company has already crossed a significant milestone by recording Rs 1,000 crore revenue in FY25 with profit more than doubling to Rs 178.4 crore and a strong 15 percent profit after tax margin. This sharp performance underscores India role as the fastest growing market for the brand.
Kenji Inoue, Chief Financial Officer and Chief Operating Officer of Uniqlo India said that the company is determined to sustain this growth momentum. Uniqlo registered a 44 percent jump in revenue during FY25, driven by value-for-money offerings and tight cost control, which helped it win over Indian consumers seeking quality at affordable prices.
As part of its expansion roadmap the brand will increase its retail footprint from 16 stores to 30 in the coming years strengthening its presence in key urban hubs. Local sourcing will also be scaled up to 30 percent, aligning with both cost efficiencies and consumer preferences for products tailored to the Indian market.
For Uniqlo’s parent company Fast Retailing, India growth is central to its global ambition of transforming into a ¥10 trillion enterprise from its current ¥3 trillion size. India’s rising middle class, growing appetite for global fashion, and competitive retail environment offer fertile ground for such aspirations.
Inoue expressed confidence that with continued focus on product innovation, affordability and an expanding retail network, Uniqlo can replicate its global success story in India. This growth strategy not only highlights India importance in Uniqlo future but also signals a larger shift in how international apparel majors view the country as a cornerstone of global expansion.
04:43 PM, Aug 26
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