Galeries Lafayette to open its first department store in Mumbai
17.10.2025 2041

Galeries Lafayette to open its first department store in Mumbai

French luxury department store Galeries Lafayette will open its first store in Mumbai, India's financial capital, in November. The five-story, 8400-square-meter store will feature approximately 250 luxury and designer brands.

India, being the fifth largest economy, is becoming an attractive market for luxury brands.

According to international consulting firm Kearney, the luxury goods market in India is expected to reach $12 billion by 2028 (up from $7,7 billion in 2023).

Galeries Lafayette hopes to capture a significant share of this promising market, and “Mumbai has a significant share, making it a natural location to open its first store in India,” emphasize Galeries Lafayette and its Indian partner, the Aditya Birla Group, which signed a partnership agreement in 2022.

The opening of the Mumbai department store has been delayed by one year. The French group plans to open a second Galeries Lafayette store in Delhi next year.

Marina Shumilina

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French luxury department store Galeries Lafayette will open its first store in Mumbai, India's financial capital, in November. The five-story, 8400-square-meter store will feature approximately 250 luxury and…
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