Zara in Mumbai is operated by Inditex Trent Retail India, a joint venture between Spanish fashion retailer Inditex (which owns 80% as of late 2025) and the Mumbai-based Tata Group’s Trent Limited (holding 20%). The brand operates multiple stores in the city, although it recently closed its flagship location in the Fort area.
Trent Limited , owned by Tata Group , owns Zara in India along with Zudio , Westside and several other brands. Zara lodged 2500crs in revenue last year and an increase of 77% profit. No wonder Trent Limited's share is rising rapidly.
The Spanish group has acquired 80% of the capital of Inditex Trent Retail India, the joint venture with the Indian group Trent (Tata) that operates the Zara business in the country, as confirmed to Modaes by Inditex sources.
Luxury fashion brand Purple Style Labs (PSL) has taken over Zara's iconic Mumbai flagship store at Ismail Building, Hutatma Chowk, with a ₹3 crore monthly rent deal. Founded in 2015 by Abhishek Agarwal, PSL operates Pernia's Pop-Up Shop, India's leading omnichannel luxury fashion platform.
The Rise of Zara: How Amancio Ortega built an Fashion Empire | FD Finance
Why did Zara shut down in Mumbai?
Inditex Trent, a 65:35 partnership between Spain's Inditex and Tata Group's Trent, which operates Zara stores in India, made the decision due to the outlet becoming economically unfeasible.
ZARA's operations in India are managed by Inditex Trent Retail India Private Ltd (ITRIPL), a joint venture between Spain's Inditex (the owner of ZARA) and Tata Group's retail arm, Trent Ltd.
Ashis Kumar Dash is the Managing Director for India at Inditex, bringing expertise in retail operations and international management. Their career reflects a strong focus on leadership within the retail sector, progressing through roles of increasing responsibility at Inditex.
Marta Ortega Pérez (born 10 January 1984) is a Spanish businesswoman who is the daughter of Amancio Ortega and was appointed chair of Inditex as of December 2021. Ortega replaced Pablo Isla, who was chair and CEO of Inditex since 2011, in April 2022.
Rs 700 CR APARTMENT DEAL Leena Gandhi Tewari, one of India's richest women and chairperson of USV Pharma, bought two sea-facing duplexes in Mumbai's Worli for &703 crore — the costliest apartment deal in India!
Zara is not a Turkish brand; it originated in Spain in 1975 when Amancio Ortega and his wife opened the first store in A Coruña. Today, Zara serves as the core label of Inditex, one of the world's largest fashion groups headquartered in Spain.
According to the reports, Zara had been paying ₹2.25 crore per month after a five-month rent-free period at the start of the lease. Upon completing the first three years of a 21-year lease tenure, the rent escalated by 5% annually, which led to an ongoing rent of ₹3,01,52,152 per month or ₹36,18,25,823 annually.
Net worth. Amancio Ortega's fortune in 2021 was estimated to be around 73.1 billion euros. In 2012 he was the largest shareholder of Inditex, with almost 60-65%. Through the Pontegadea company, he brings together all his assets based on real estate investment and financial investments.
Amancio Ortega, the man behind Zara, is not just a billionaire, he's a legend quietly shaping global fashion. As of 2025, he is the 16th richest person in the world, with a net worth of around 88 billion US dollars, which is roughly ₹7.5 lakh crore. Yet, despite this staggering fortune, Ortega is famously reclusive.
Zahrah S Khan. Zahrah S Khan (born as Sasha Agha) was born on 15 March 1992 in London, England to singer, director, producer and actress Salma Agha and father Rehmat Khan. English singer-songwriter Natasha Khan, better known by her stage name Bat for Lashes, is her half-sister. She is of Pashtunn descent.
Bernard has been married twice. His first wife was Anne Dewavrin, to whom he was married from 1973 to 1990, and with whom he has two children: a daughter named Delphine and a son named Antoine. Born in 1975, Delphine Arnault is Bernard's oldest child and only daughter.
Is Zara Owned By Tata? In India, Zara operates through a joint venture between Tata's Trent and Inditex. Trent Limited is the retail arm of Tata Group that runs Zara stores in India through the joint venture with Inditex.
As CEO at PVH Arvind India , I lead the strategic direction and operational execution for both Tommy Hilfiger and Calvin Klein brands , harnessing expertise in apparel, fashion, and merchandising. With over 28 years of leadership experience across fashion ,retail , telecommunications and consumer electronics industry .
Among other celebrities known for often wearing Zara is Kate Middleton. The Princess of Wales has worn the brand's blazers, dresses and accessories at various official events, often pairing Zara pieces with designer items.
India CEO Zara - Ashish Das (NIFT Delhi Alumnus) and his team visited the Delhi Campus to discuss various programmes NIFT offers and how the ties between the institution and Zara can be strengthened through initiatives such as conducting master classes for industry professionals by Zara.
The average salary of a Store Manager at Zara in India typically ranges from ₹9.0 Lakhs to ₹11.4 Lakhs per year, depending on experience (from 6 years to 12 years). The top 10% of Store Manager at Zara earn more than ₹12.9 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year.
