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Relaxo Expects To Grow Faster Than Industry Even As Slowdown Hurts

Relaxo Footwears expects growth to rebound eventually as consumers will continue to shift to branded options, MD Ramesh Dua says.

Devina Khanna
Slippers hang on display. (Photographer: Prashanth Vishwanathan/Bloomberg)

Relaxo Footwears Ltd. saw its growth cool amid the ongoing consumption slowdown, but the maker of Sparx shoes expects growth to rebound eventually as consumers will continue to shift to branded options as incomes rise.

WATCH | Relaxo MD Ramesh Dua on how the consumption slowdown is affecting India’s footwear industry

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