Decathlon invests Rs 930cr more to step up local manufacturing

Decathlon announced a new investment of 100 million euros in India, increasing their total commitment to over 200 million euros. The company plans to ramp up local manufacturing to reduce dependence on imports. Currently, 8% of Decathlon's global range is produced in India, with an aim to increase this to over 10% in three years.

Aug 22, 2024 - 02:00

Decathlon invests Rs 930cr more to step up local manufacturing

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Decathlon announced a new investment of 100 million euros in India, increasing their total commitment to over 200 million euros. The company plans to ramp up local manufacturing to reduce dependence on imports. Currently, 8% of Decathlon's global range is produced in India, with an aim to increase this to over 10% in three years.