Zara's India sales increase 40% in FY23

Zara, the world's largest fashion brand, saw a 40% increase in sales in India as young people embraced western-style attire.

According to Trent's annual report, Inditex Trent, its joint venture with Tata that operates 20 Zara stores in India, witnessed revenue increase to 2,562.5 crore previous fiscal year. During FY23, net profit increased 77% to 264 crore