Home / Knowledge / News / Bata India sets aside Rs 1 bn for expansion this year
Bata India sets aside Rs 1 bn for expansion this year
31
May '12
Bata India Limited, India's leading footwear manufacturer and retailer, has set aside Rs. 1 billion for opening new stores and strengthening its manufacturing facilities this year.

The company plans to invest Rs. 700 million to launch at least 100 new stores across India this year.

It will also modernize its manufacturing facilities at Patna, Batanagar and Bangalore with an investment of Rs. 150 million for each unit.

The upgradation of machinery will be undertaken at Bata's Patna plant this year, Rajeev Gopalakrishnan, Managing Director of Bata India, said.

The modernization of machinery for better productivity will be carried out at Batanagar plant early next year, while it will be done towards the end of next year at the Bangalore facility, Mr. Gopalakrishnan said.

Bata expects the modernization programme to increase the production capacity at its plants by 15-20 percent.

For its stores expansion, Bata will focus on smaller cities. About 60 of the 146 stores the company opened last year were in Tier II cities. Similarly, 30 of the 73 outlets opened by Bata this year are located on the outskirts of cities.

The new stores would be large format outlets having more than 3,000 sq ft of retail area.

In 2011, Bata sold 17,000 pairs of shoes online and the company expects the figure to rise to 50,000 pairs this year.

Bata India is the largest footwear retailer in India, enjoying a large market share in the organized sector. It retails through over 1,250 Bata Shoe Stores located in over 500 cities across India.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 19th Aug 2017

New fabric interfaces to interact with computers

As computer capabilities evolve, new fabric-based interfaces are...

Textiles | On 19th Aug 2017

Brazilian cotton prices drop in first fortnight of August

Cotton prices dropped in the Brazilian market in the first fortnight...

Apparel/Garments | On 19th Aug 2017

Target to acquire Grand Junction for faster deliveries

Target Corporation has announced that it has agreed to acquire Grand...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search