New Delhi: Some experts believe the poor governing decisions, inferior quality and slow economic growth are holding back the foreign retailer to expand in India.

The next few years will be challenging as the supply of material is constrained. Although some foreign groups used the space in new developments, anticipating more supply crunch. But a very few retalers are cautious as the economic attitude remains slow.

The international brands are mooting to expand I the country but they are approaching very carefully.

Foreign brands like Swarovski, Jack N Jones, Only, Vero Moda, Tommy Hilfiger, Levis, Louis Philippe, Puma, Nike, Voi Jeans, Marks & Spencer, and Calvin Klein among others are doing business in the country.

There is a huge interest among the foreign brands to expand but due to the ups and downs prevailing in the Indian market and no clear view of future they are only focusing on the top cities.

The vacancy levels in some malls which are not well located are more but a few developers have shut down also. The developer is expecting some return for the brands if it is not getting any return it will ask the retailer to shut shop and go. In this kind of bad crisis only the local brands can survive.