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Apparel Group: Launches Carrefour’s First Indian Flagship Store

Team Estrade by Team Estrade
September 4, 2026
in Finance, Spotlight
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L–R: Mr. Nilesh Ved, Chairman of APPCORP Holding, Owner of Apparel Group and Founder of KORA Properties, with Mr. Patrick Lasfargues, Executive Director–International Partnership, Carrefour

L–R: Mr. Nilesh Ved, Chairman of APPCORP Holding, Owner of Apparel Group and Founder of KORA Properties, with Mr. Patrick Lasfargues, Executive Director–International Partnership, Carrefour

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Apparel Group sets the stage for Carrefour‘s India journey, beginning with a 50,000+ sq. ft. Greater Noida flagship and laying the foundation for future growth across North India.

NEW DELHI , Sept. 4, 2026 /PRNewswire/ — Apparel Group, a leading fashion and lifestyle retail conglomerate, announces the entry of Carrefour into India with the opening of the renowned retailer’s first flagship store at H&S Mall, Boulevard Walk, Greater Noida West, marking the beginning of an ambitious new chapter for both businesses in one of the world’s most dynamic consumer markets.

The opening marks a defining milestone in Apparel Group’s India growth journey and its expansion into food and hypermarket retail. Bringing together Carrefour’s international retail expertise and Apparel Group’s deep understanding of the Indian market, the partnership sets the foundation for a new generation of modern retail in India, built around quality, value, convenience and the evolving aspirations of Indian consumers.

Spanning more than 50,000+ sq. ft., the Greater Noida flagship introduces Carrefour’s established retail experience to India through a proposition thoughtfully adapted for the local market. The store features more than 15,000+ SKUs, including exclusive international products, alongside an extensive selection of locally sourced products across fresh produce, grocery, bakery, household essentials and personal care.

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More than a first store, the flagship signals the scale of the ambition ahead. Apparel Group plans to expand Carrefour’s presence across North India over the coming years, building a nationwide retail platform supported by strong local partnerships, modern supply chain capabilities and an integrated omnichannel ecosystem.

Under Apparel Group’s operational leadership, Carrefour will work with a growing network of local suppliers and partners, strengthening connections across India’s retail, supply chain and agricultural ecosystem.

Mr. Nilesh Ved, Chairman of APPCORP Holding, Owner of Apparel Group and Founder of KORA Properties, said: “Carrefour’s entry into India represents more than the arrival of an iconic retailer. It reflects our conviction in India’s extraordinary potential and our ambition to help shape the next chapter of its retail landscape. Together with Carrefour, we are combining international retail expertise with deep local market understanding to build a platform designed for scale, relevance and enduring value. This flagship is the beginning of a much larger journey, one that will take Carrefour to more cities, serve more communities and create new opportunities across India’s evolving consumer ecosystem.”

Speaking on the occasion, Mr. Patrick Lasfargues, Executive Director – International Partnership, Carrefour, said: “Today’s launch marks a significant milestone for Carrefour as we officially begin our retail journey in India. We see India as one of the world’s most dynamic consumer markets, underpinned by strong economic fundamentals, a rapidly evolving retail landscape and immense long-term potential. Our partnership with Apparel Group brings Carrefour’s global expertise with deep local market knowledge, creating a strong platform for sustainable growth. This flagship store is the first step in our long-term ambition to build a nationwide network and a robust omnichannel retail business that delivers quality, value and convenience to customers across India.”

India represents one of the most compelling growth opportunities in modern retail, powered by rising consumer aspirations, urbanisation and the continued evolution of organised retail. With the sector projected to exceed US$2.36 trillion by 2030, the opportunity extends beyond market growth to shaping how the next generation of Indian consumers shop, connect and experience retail.

Apparel Group and Carrefour aim to build precisely that model. The venture will combine Carrefour’s extensive international capabilities with Apparel Group’s local market expertise to bring a broader world of products and experiences to Indian consumers. Alongside the physical store network, Apparel Group will develop an integrated omnichannel ecosystem powered by modern logistics infrastructure, technology and strategic local partnerships, creating a platform built to evolve with India’s ambitions.

The Greater Noida flagship is only the beginning. It represents a long-term ambition to build Carrefour into one of India’s most relevant, accessible and trusted retail destinations, creating enduring value for consumers, suppliers, communities and the wider economy as the network expands across the country.

Source: PR Newswire

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Tags: apparel groupCarrefourfashion retailflagship storegreater noidahypermarketindia retailNorth Indiaretail expansionsupply chain
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