Disney opens stores in India

Disney has opened its much anticipated stores here. The company had tied up with Devyani International Ltd (DIL) some time back and now has opened its first retail store. DIL is the master franchisee and will be opening an estimated 300 Disney stores in India over the next five years with an investment of Rs 1.5 billion. The first 22 stores will be operational by the end of this year. Stores will be located in metros and tier II cities like Ludhiana, Jalandhar and Amritsar.