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	<title>Dr. Niranjan Hiranandani Archives - Business of Food</title>
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		<title>Haiko Supermarket and Mall to close, marking the end of an iconic retail era in Powai</title>
		<link>https://www.businessoffood.in/haiko-supermarket-and-mall-to-close-marking-the-end-of-an-iconic-retail-era-in-powai/</link>
		
		<dc:creator><![CDATA[Business of Food Bureau]]></dc:creator>
		<pubDate>Thu, 05 Jun 2025 09:13:41 +0000</pubDate>
				<category><![CDATA[In Focus]]></category>
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		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Business Of Food]]></category>
		<category><![CDATA[Dr. Niranjan Hiranandani]]></category>
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		<category><![CDATA[Haiko Mall]]></category>
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		<category><![CDATA[Surendra Hiranandani]]></category>
		<category><![CDATA[Vivek Varma]]></category>
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					<description><![CDATA[<p>Nearly 25 years after setting a new benchmark in Indian modern retail, Haiko Supermarket and Haiko Mall in Powai, Mumbai, will soon close operations to make way for a new development. Conceptualized and brought to life by Dr. Niranjan Hiranandani and Surendra Hiranandani, Haiko was among the earliest pioneers of premium retail in India. At [&#8230;]</p>
<p>The post <a href="https://www.businessoffood.in/haiko-supermarket-and-mall-to-close-marking-the-end-of-an-iconic-retail-era-in-powai/">Haiko Supermarket and Mall to close, marking the end of an iconic retail era in Powai</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
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<p class="wp-block-paragraph">Nearly 25 years after setting a new benchmark in Indian modern retail, <strong>Haiko Supermarket and Haiko Mall</strong> in Powai, Mumbai, will soon close operations to make way for a new development.</p>



<p class="wp-block-paragraph">Conceptualized and brought to life by <strong>Dr. Niranjan Hiranandani</strong> and <strong>Surendra Hiranandani</strong>, Haiko was among the earliest pioneers of premium retail in India. At a time when the country was just beginning to define modern retail, Haiko introduced consumers to international standards in product range, hygiene, store layout, and customer service—quickly becoming a reference point for excellence in the industry.</p>



<p class="wp-block-paragraph">Designed with foresight by <strong>Vivek Varma</strong>, Haiko was not merely a supermarket, but a model for what aspirational retail could be in India. It helped shape consumer expectations and influenced a generation of retailers who followed.</p>



<p class="wp-block-paragraph">As the store prepares to close its doors, it leaves behind not just a physical space but a lasting legacy—of innovation, quality, and inspiration. For thousands of customers and industry professionals alike, Haiko remains a defining chapter in India’s retail evolution.</p>



<p class="wp-block-paragraph">The contribution of Haiko to the Indian retail landscape will continue to be remembered with pride and gratitude.</p>
<p>The post <a href="https://www.businessoffood.in/haiko-supermarket-and-mall-to-close-marking-the-end-of-an-iconic-retail-era-in-powai/">Haiko Supermarket and Mall to close, marking the end of an iconic retail era in Powai</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
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