Categories
India Market

Selling Sports Shoes For Under $10 Turned This Shoemaker Into India’s Newest Billionaire

Sumary of Selling Sports Shoes For Under $10 Turned This Shoemaker Into India’s Newest Billionaire:

  • He capitalized on the gigantic vacuum in the Indian sports footwear market—in the $10 to $40 value extent, says Campus’ chief financial officer Raman Chawla.
  • An april 2022 report by Gurgaon ask firm Technopak notes that in fiscal 2021, Campus was India’s huge player in the mark sports and athleisure (fusion of athletic and leisure) segment, both in value and number of situations.
  • This latent for growth drew private equity firm TPG and billionaire Anil Rai Gupta, who controls electrical goods maker Havells.

Want to know more click here go to source.