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Listing Details |
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M&B FOOTWEAR
Description:
M&B Footwear is one of the fastest growing companies in the Shoe business of India. Within a short span of just over a decade, M&B Footwear has grown multifold, and is the only company in India having a portfolio of several national and international brands. The company is spearheaded by Inder Dev S. Musafir, a footwear technologist from South Fields College, Leicester (U.K); and Bhai Ajinder Singh, an MBA from North Eastern University, Boston (USA), with specialization in Marketing & Finance. The vertically integrated structure of M&B provides the support and strength to face the toughest market competition. Each department in the vertical format of M&B is a growth engine in itself, and its uniqueness lies in its structure. M&B Footwear boasts of having one of the most advanced R&D Centers for Footwear in the country. Designers trained at some of the finest design institutes such as NIFT and FDDI, work on CAD Systems to put together two major collections every year. Forecast is done not only on design trends, but also color palates for the forthcoming seasons. The in-house R&D Center is also supported by international brand partners through exchange programs, wherein the designers from M&B regularly visit international markets, and vice versa, the designers of our international partners visit India to study the Footwear market. M&B Footwear has one of the most sophisticated, state of the art manufacturing facilities in India. 5000 Pairs a day are produced from its two facilities, one each in Noida and Baddi. The Baddi Plant in Himachal Pradesh, was set up recently to avail tax benefits from the Govt. of India, since footwear as a commodity in India attracts the highest tax incidence, unlike other wearing apparel which for reasons known only to Govt. of India, are exempted from the heavy tax burden. The Company plans to increase its production capability through expansion of its manufacturing facilities, targeting a production of 8000 Pairs a day. This additional capacity would help in fueling the ever growing demand of the company’s existing brands, and also to improve on the current supply levels to other footwear giants, to whom the company is also currently supplying footwear. A dedicated professional team of Sales Managers is deployed to monitor all aspects of channel wise Sales & Distribution. The team at the Head Office is supported by Regional Sales Managers and Territory Sales executives. M&B Footwear has been able to build a vast network of distribution covering every corner of India. Brands marketed by M&B Footwear are sold in over 2000 Stores across India, including some of the top large format retail stores, such as Shoppers Stop, Lifestyle, Westside, Reliance, Central and Big Bazaar. Talks are on with other large upcoming players in the retail sector, to have arrangements of private label manufacturing of ranges designed specifically for larger players. Relationship with large format retail players, give M&B the advantage of being an integral part in the growth story of every big retail group in the Indian market At M&B we have a dedicated department for handling all Brand related communication. Aspects such as International image of brands, its USP, technology and consumer influence through celebrity endorsements are kept in mind while developing the Advertisements. Footwear Franchise India
Address:
NOIDA Phase III Gautam Budh Nagar, Uttar Pradesh India
Investment Needed
Min Franchise Fee: 1000000
Max Franchise Fee: 1500000
Location:
Map
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