ICRA has reaffirmed the long term rating on the Rs 31.0 crore Non-Fund Based Line of Credit of BATA India at AA+. The Outlook on the long-term rating is Stable.
BATA India is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization. The company’s four state-of-the-art production facilities are located strategically across India, producing all kinds of footwear. Currently, the company owns brands like Mocassino, Hush Puppies, Scholls, North Star, Power, Marie Claire, Bubblegummers, Ambassador, Comfit.
