Japanese retailer Uniqlo on Wednesday announced it was launching three separate stores in India as part of its debut plans, coming at a time when the government proposes to ease local sourcing rules in single-brand retail. On July 5, Finance Minister Nirmala Sitharaman had said the 30 per cent local sourcing norms in single-brand retail would be relaxed as she sought to make India an attractive destination for foreign players.
 
Retail industry sources had said Uniqlo would be among the first to launch outlets this year in a bid to capitalise on the environment, accelerating its India store plans, which have been in the works for months now.
 
On Wednesday, Tadashi Yanai, Uniqlo founder and chairman, said the three stores would be located in the Delhi-NCR region and the first outlet would open its doors to consumers in October. “The opening of our first store in Ambience Mall, Vasant Kunj, followed by a second and third store in D