Sandeep Kataria Became The Global CEO Of Bata International
Sandeep Kataria became the global CEO of Bata International, has leadership experience in big companies, know-how his career has been.
Bata India Limited CEO Sandeep Kataria has been elected the Global CEO of Bata International. He will replace Alexis Nassard, who is leaving the company later this month.
In the list of Indian and Indian CEOs of multinational companies, this year Arvind Krishna was associated with Kataria before he was appointed CEO of global technology giant IBM in April this year.
The selection of an Indian as Global CEO by Bata International for the first time in its 126-year history is not unprecedented.
After his election as Global CEO this week, Bata India chairman Ashwani Windlas said that the team of Bata India has done tremendous work during the past few years.
Bata India and Bata Group will continue to benefit from Kataria’s deep experience.
Prior to joining Bata in the year 2017, Kataria held several key responsibilities at Yum Brands.
Yum Brands has big names like KFC, Pizza Hut, Taco Bell, The Habit Burger Grill, and WingStreet, with a large customer base. Kataria also has experience with giants like Unilever and Vodafone.
Kataria, a graduate from IIT (Delhi) and a postgraduate degree in management from Xavier Labor Relations Institute has been holding the post of CEO of Bata India Limited since 2017.
The way Kataria has given a new height to the company’s business under this responsibility, it can be said to be unique to any company in the current era of difficult times.
According to experts, Kataria’s superior experience and track record in FMCG and retail consumer-focused businesses prove her highly qualified for this new global responsibility.
Bata India Limited, led by Kataria, achieved double-digit growth in revenue and net profit during FY 2018-19.
Like other companies around the world, India is a very important market for Bata.
India is the second-largest producer and consumer market in the world, especially in terms of footwear.
In this market, the company is selling more than 50 million pairs of footwear annually.
In this context, for Bata, which is currently selling a little more than 18 million pairs of footwear annually, the Indian market alone accounts for about one-third.
Bata International: At a Glance
The company was founded in 1894 by the Czechoslovakia businessman Tomas Bata for the footwear business. It is the largest company in the footwear business in terms of volume or number.
It sells over 18 million pairs of footwear annually in the world. It has more than 5,800 stores and 22 footwear manufacturing units worldwide.
As far as India is concerned, it is the second largest market of the company worldwide.
According to an estimate, the size of the Indian footwear market is worth around Rs 60,000 crore, which is expected to reach Rs 72,000 crore by FY 2023.
