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Monday, May 14, 2012

Relaxo Footwears Ltd BUY AT375.00

Relaxo Footwears Ltd. (RFL) is one of India's large footwear companies headquartered in Delhi. It stepped into the footwear industry in 1976. It started off with the manufacture of Hawaii slippers and subsequently diversified into manufacturing casuals, joggers, school and leather shoes. The company has established 10 manufacturing units spanning North India. These are located in Delhi, Bahadurgarh (Haryana) and Bhiwadi (Rajasthan). With a cumulative area of over 120,000 sq. feet, these units have a huge set up enabling massive capacities. Each manufacturing unit is equipped with world-class machinery and hi-tech product testing laboratories.
 

RFL has now grown into a large-scale entrepreneurship catering to quintessential Indian citizen. From amodest sale figure of Rs. 1 million in 1977 to more than Rs. 5000 million recently; the company has experienced a record breaking growth since inception. Today, the company manufactures over 3 lakh pairs of footwear per day, which approximately adds up to sales of over 8.65 crs pairs per year


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