Relaxo Footwears has received approval from its board to capacity addition by setting up new State of Art plant at Bhiwadi unit. The company will fund setting up of plant through internal accruals. The total investment required to for installation of the proposed plant is Rs 90 crore. The proposed capacity will be added in three years.
Relaxo Footwears is engaged in the manufacturing and trading of footwear and related products. The principal activity of the company is the manufacture of footwear made primarily of vulcanized or molded rubber and plastic.