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Relaxo Footwears planning to invest Rs 150 crore in FY21

23 Nov 2020 Evaluate

Relaxo Footwears is planning to invest Rs 150 crore in the current fiscal (FY21) to set up a new manufacturing facility in Bhiwadi amid growing demand for open footwears such as slippers and sandals in the backdrop of the COVID-19 pandemic. Open footwears account for about 80 percent of the company’s total turnover. The company said demand for closed footwears has been affected but it expects its pick-up going forward due to the onset of winter.

Relaxo is one of India's most quality conscious and progressive footwear companies. Headquartered in Delhi, India, it maintains a fine combination of comfort, style and workmanship and is embarking upon appreciable growth plans for the future.

Relaxo Footwears Share Price

397.20 -8.40 (-2.07%)
03-Jul-2026 16:59 View Price Chart
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