Tomas Bata visited India looking for a place for procurement of raw materials

Tomas bata visited india looking for a place for

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Tomas Bata visited India looking for a place for procurement of raw materials The culture of footwear had still not caught up with the masses yet and he saw many barefoot Indians Bata Shoe Company Private Ltd was incorporated in 1931 and was set up in Konnagar (near Kolkata) in 1932 Within two decades Bata would become world’s leading footwear exporter By 1970s Bata made its first public issue of capital and so Bata Shoe Company Private Ltd became Bata India Ltd As globalization became part of the Indian narrative, global competition also came into the picture and Bata struggled to stay relevant 1990s was a year when Bata moved forward and created co-brands to suit the need of different segments Bata took a leap from being just affordable to offering much more It wasn’t until 2005 that Bata started finally recovering from this blow Current market positioning With over 15% market share, Bata is the largest retailer of footwear in the Indian market in the organized sector Operating margin: 11.1% No. of Stores: 1375 No. of Employees: 4,698 Turnover (INR Mn): 26,412.2 BATA
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CJ Clark C. & J. Clark was founded in 1825 by brothers Cyrus and James Launched its global line in India in 2011-12: through a joint venture with future group seeing a premium shoe market which was growing at around 15-20% through a joint venture with future group seeing a premium shoe market which was growing at around 15-20%
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