Bata India Limited, the largest shoes maker in the country has earmarked an investment of Rs 200 crore in the next three years, beginning this fiscal.
The investments will include opening of new stores as well as the installation of plant and machinery.
Speaking on the sidelines of 77th annual general meeting of the company, Bata chairman, Mr P.M. Sinha said, “We will open more than 70 stores every year in next three years. Besides, investment will be made to install new plants and machinery to manufacture speciality shoes.”
Bata has around 1,200 stores in India of which 24 are loss-making.