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Vikas Ecotech Restricted has been catering to the footwear Trade as one of many main goal segments for Specialty compounds for Footwear Trade together with veteran footwear manufacturers like Relaxo Footwears Restricted, Khadim India Restricted, Ajanta Footwear and an unlimited variety of O.E.M.s supplying to Model names like Bugatti, Zara, and lots of extra.
Whereby Relaxo Footwear Restricted is the biggest footwear producer in the entire of India, and a fortune 500 (India) firm, Having a pan India distribution footprint, Relaxo additionally operates a 350+ sturdy community of personal shops, with availability on all main e commerce portals as nicely and Khadim India Restricted is likely one of the main footwear Manufacturers in India, primarily the second largest retailer of footwear having a footprint unfold throughout 23 states and 1 Union Territory with round 800 firm owned retail shops and a community of 600 Distributors catering to hundreds of Multi Model Shops, Ajanta Sneakers Pvt Ltd current throughout the nation working with a community of 1000 Sellers & 20000 Retailers.
The Indian footwear market is rising at 15% CAGR and is ready to exceed INR 1,10,000 million (USD 15 Billion) in 2022, with an estimated consumption of about 2.9 Billion pairs of footwear by 2025, India can also be the second largest producer of footwear throughout the globe.
Vikas Ecotech ended at Rs3.84 per piece greater by 4.92% on the BSE.
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