Are you looking to invest in the booming Indian footwear industry? Then you must take a look at the top footwear stocks in India! The Indian footwear market is growing rapidly and is expected to reach a market size of US $15.5 billion by 2024. With such a promising outlook, investing in the right footwear stocks can be a profitable decision.
One of the top footwear stocks in India is Bata India Limited. With over 1,500 stores across India, Bata is a well-known brand that has been around for over 85 years. The company has a strong presence in both urban and rural areas and has consistently delivered good financial results. Another great option is Relaxo Footwear Limited, which is known for its affordable yet stylish range of footwear. The company has a wide distribution network and has been growing steadily over the years.
Liberty Shoes Limited is another footwear stock worth considering. With a presence in over 25 countries, the company has a diverse product range and has been expanding its retail footprint in India. The company recently launched a premium footwear brand called 'Healers' and has been making strategic investments to boost its growth.
Other footwear stocks in India that are worth looking into include Khadim India Limited and Mirza International Limited. Khadim India Limited is a Kolkata-based company that has a strong retail presence in eastern India. Mirza International Limited is the parent company of popular footwear brands such as Red Tape and Oaktrak and has been expanding its international presence.
Investing in footwear stocks in India can be a smart decision, given the growth potential of the industry. However, it is important to do your research and pick the right stocks that align with your investment goals. With the top footwear stocks in India mentioned above, you can make an informed decision and potentially reap the benefits of this thriving industry.
