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Bata India earmarks Rs100 cr for expansion this yr-news31052012


Footwear manufacturer and retailer, Bata India, has earmarked Rs100 crore for the expansion of its manufacturing units and stores this year.


The company plans to invest Rs15 crore on strengthening its manufacturing facilities and about Rs70 crore in setting up new stores across the country.

According to Mr Rajeev Gopalakrishnan, Managing Director of Bata, the company will invest Rs15 crore each year for the next three years to upgrade machineries and expand the production at its manufacturing units at Batanagar, Patna and Bangalore
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