Spain Inditex , owner of Zara , has opened its first store in India to enter the Asian market .The store is in Delhi and it planned to open five stores in total in India . Another one in Delhi and a third one in Mumbai would also open soon .
The country's GDP may increase . Surely the consumption will increase since this is the first store in India and must attract many customers . However , this increase in imports may have offset the effect . Apart from this , the sales of domestic firms may decrease and the governtment may need to find ways to increase their competitiveness against Zara , for instance , subsidies .
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