Consumption to revive in coming qtrs, e-commerce to drive growth: Bata CEO
By
Binu Mathew
Terming “sluggish consumption” as “temporary”, leading shoemaker Bata expects a revival in coming quarters, helped by festive season demand and retail expansion, according to its India Managing Director and CEO Gunjan Shah.
The company expects e-commerce, which is now a “profitable and viable business, to be its growth driver as it has been expanding online sales through its portal and channel partners.