Mumbai: Japanese Company Bandai Namco Group is set to enter India through a wholly owned subsidiary, which is due to open and manage a series of family entertainment centers across the country.
The new subsidiary, Bandai Namco India, will form part of Bandai Namco Asia Company, which oversees the group’s business in the Asian region. Its first family entertainment center, a 9,264-square-foot facility in Mumbai’s Oberoi Mall, is expected to launch later this month. The space will be themed around the animated TV show PAC-MAN and the Ghostly Adventures.
Masaharu Igarashi, the president of Bandai Namco Asia Company, said: “Expansion in the fast growing and increasingly affluent Asian region is a key component of the group’s midterm vision plan. With a wholly owned subsidiary, we now have a direct presence in one of the largest markets in Asia, India. We believe Indian audiences are ready for entertainment facilities of global standards and it will become one of the fast growing new markets for our group.”
Takeo Yagi, the director and COO of Bandai Namco India, remarked: “Mumbai, despite being India’s second largest city, does not have that many world-class entertainment facilities. The new center from Bandai Namco will not only address that gap, it will also put Mumbai on the world map of Bandai Namco centers. I am sure Mumbaikars will love the new center with its state-of-the-art playing machines and a redemption zone on a scale not seen before.”