Aokang International, a reputed name in china footwear industry and also the official supplier of leather goods to the Beijing Olympics
Aokang International, a reputed name in china footwear industry and also the official supplier of leather goods to the Beijing Olympics, has taken a pan India expansion of its retail store. The footwear giant has embarked on whopping Rs.300 crore for its expansion plan. They are also planning to set up facilities to manufacture leather goods. The company was established in1988 and is specializing in producing leather shoes. Aokang is one of the 100 private enterprises in China. Primarily they will start two exclusive flagship stores in South Mumbai. Aokang’s range of leather products will soon be retailed from the second week of August. Aokang’s range of products is presently available at an exclusive showroom in South Delhi’s MGF Metropolitan Mall and at similar outlets at malls across Haryana, Uttar Pradesh, and Maharastra. While, Aokang will initially produce products in mid-price segment in India, it will import all high segment material from China. Full fledged production of all products, according to Aniruddha Banerjee, CEO and MD, India operations, is expected to be transferred to India by 2010.