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Bata India chalks out Rs 100 crore capex plan

05 Jun 2013 Evaluate

Bata India has chalked out a Rs 100 crore capital expenditure (capex) plan, which will include up-gradation of three of factories in West Bengal, Bihar and Karnataka and setting up of about 100 new stores this year.

Last year, the company had opened 189 new stores in metro, tier-I and tier-II cities. However, shifting to the large store format, the company relocated or closed down about 60 small stores in 2012. At present, the company operates about 74 small stores, which needed to be either upgraded or closed.

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.

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