<p><a href="https://www.mid-day.com/entertainment/bollywood-news/article/Bata-might-get-Jolly-LLB-2-makers-to-back-off-Bollywood-News-17942151" target="_blank" rel="none noopener">Leading footwear major Bata India</a>'s Managing Director and CEO, Sanjay Rao has said the company aims to double its turnover and profits by 2030 according top news agency PTI.&nbsp;</p>
<p>It will introduce new global product lines, with a focus on sneakers and youth-relevant ranges.</p>
<p>The company aims to grow at mid-single-digit to double-digit CAGR over the next four years and is working on a detailed year-by-year roadmap to achieve the revenue target.</p>
<p>"Our ambition is to double India (turnover) by 2030. So we are working on a detailed year-by-year plan. But the ambition remains that we would like to double turnover, which obviously means that in terms of <a href="https://www.mid-day.com/business/business-news/article/slmg-beverages-eyes-rs-20000-crore-turnover-in-5-years-ipo-in-3-4-years-23656055" target="_blank" rel="none noopener">compounded annual growth rate (CAGR) rate</a>, we are looking at mid-single-digit to double-digit growth rate across the next four years," Rao said in a recent earnings call.</p>
<p>The company's revenue in FY26 stood at Rs 3,515.48 crore and Rao said the company also aims to more than double its profits by 2030, while improving its growth through various business initiatives.</p>
<p>"Our internal thinking is that we will continue for more than the double-digit, doubling in India and doubling the profits as well. We are looking at something higher than that so that we can continue to fund the investments and growth that we have," said Rao.</p>
<h2>Improving CAGR</h2>
<p>According to Chief Financial Officer Amit Aggarwal the company is trying to improve its CAGR.</p>
<p>"Historically, our CAGRs are low; there is growth momentum and quarter-on-quarter, we are trying to improve the tally from the previous quarter," &nbsp;he said.</p>
<p>The company had clocked 7.5 per cent growth in the September quarter, and it has grown over the last three quarters, he noted.</p>
<p>"So all the actions are in the direction of growing the top line in a disproportionate manner. Endeavour is to hit the mid-teens&hellip;. what the global direction is also given the potential of the Indian market," he said.</p>
<h2>Attracting Gen Z</h2>
<p>To tap the <a href="https://www.mid-day.com/lifestyle/culture/article/millennials-lead-ai-shopping-adoption-in-india-at-81-per-cent-ahead-of-gen-z-survey-23658061" target="_blank" rel="none noopener">Gen Z customers</a>, Bata India is renewing its focus on sneakers and casual footwear. Rao said the company had missed the sneaker trend and plans to grow the category with its brands Bata and Hush Puppies, in which it sees "significant traction".</p>
<p>"&hellip; we didn't really have the product line to go to the consumer. So it was not that we put the products in place and the consumer refused to buy. As nimbler players entered the market, and as the world moved toward the sneakerization trend, we didn't move in an agile way. So that is what we need to overcome there&hellip;," he said.</p>
<h2>New global product lines</h2>
<p>The company is also planning to introduce newer global product lines in India, without disclosing the timeline for the same.</p>
<p>"&hellip; my priority is also to make sure that we bring in the global product lines into the store as early as possible," he said. "I would not like to give a date on when they would arrive, but this is something which is in the works," Rao said.</p>

Its revenue in FY26 stood at Rs 3,515.48 crore and Bata India aims to more than double its profits by 2030

Bata India aims to double turnover, profits by 2030: MD and CEO

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The company's revenue in FY26 stood at Rs 3,515.48 crore and the company also aims to more than double its profits by 2030, while improving its growth through various business initiatives

Bata India to introduce global product lines; aims to double turnover, profits by 2030

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