Walkaroo International targets ₹2,300 crores revenues in coming years

20 April 2022, Mumbai:

One of the largest footwear manufacturers in India, Walkaroo International is aiming for Rs 2,300 crore in revenue in the coming years.

In 2022, the company’s revenues grew by 20 percent to Rs 1,850 crore.

READ MORE ICRA: Footwear industry revenues to keep growing till 2023

The growth was achieved despite the closure of many brands’ units and stores due to the pandemic.

Wallaroo also plans to set up a new production plant in Rajasthan with an investment of Rs 75 crore.

The plant will produce over one lakh pairs per day with an initial capacity being 60,000 pairs a day, says V Noushad, Managing Director.

RELATED NEWS High footwear prices compelling buyers to defer purchases: Walkaroo International

Currently, the company has 12 units across the country.

It plans to set up a unit in Africa soon besides expanding its plant in Bangladesh, adds Noushad.

The brand has exclusive outlets and sells through distributors and retailers across the country.

Join our community on Linkedin