A young man examines sneakers in a bustling footwear store in India.
Bata, the global footwear and apparel company, is targeting a significant expansion in India, aiming to double its business within the next five years. Panos Mytaros, leading the charge, has described India as a “sleeping giant” for the company.
India currently contributes approximately a quarter of Bata’s global revenue. The growth strategy includes expanding its retail store network, strengthening its e-commerce presence, and sharpening its focus on younger consumers, particularly through the introduction of more sneaker offerings.
The company also plans to refine its product positioning and increase brand visibility to capture a larger share of the Indian footwear market. This move aligns with the broader trend of international brands focusing on high-growth emerging markets like India, where consumer spending is on the rise.
Bata’s strategic shift reflects a renewed emphasis on tapping into the Indian market’s potential, leveraging both traditional retail channels and the rapidly growing e-commerce sector.