Bata is setting its sights on a resurgence in India, with an ambitious plan to double its business in the next five years. Panos Mytaros, spearheading the effort, has referred to India as a “sleeping giant” with immense potential for growth.
India currently contributes approximately a quarter of Bata’s global revenue. The company’s strategy involves expanding its store presence, strengthening its e-commerce platform, and placing a greater emphasis on attracting younger consumers, particularly through its sneaker offerings.
In addition to these initiatives, Bata intends to refine its product positioning and enhance brand visibility in the Indian market. The company aims to solidify its presence and appeal to a broader customer base.
By focusing on strategic growth areas, Bata is confident it can achieve its goal of significantly increasing its business within the Indian market over the next five years.