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

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Milind Khandwe
Hindoostan Innovation Centre

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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