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Bata India to roll-out VRS for Faridabad unit employees

21 Dec 2016 Evaluate

Bata India has received an approval for introduction of a Voluntary Retirement Scheme (VRS) for all eligible employees/ workers at the Faridabad unit of the company. The board of directors at its meeting held on December 21, 2016 has approved for the same. The company believes that implementation of the VRS will be beneficial in the long term.

Bata India is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization. The company manufactures footwear for men, women and children. The company manufactures shoes of various quality such as leather, rubber, canvas and PVC shoes.


Peers
Company Name CMP
Bata india 642.75
Relaxo Footwears 296.10
Campus Activewear 200.65
Liberty Shoes 197.40
Superhouse 150.75
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