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Decathlon invests Rs 930cr more to step up local manufacturing
Credit: IndiaTimes- Published on August 21, 2024
Decathlon announced a new investment of 100 million euros in India, increasing their total commitment to over 200 million euros. The company plans to ramp up local manufacturing to reduce dependence on imports. Currently, 8% of Decathlon's global range is produced in India, with an aim to increase this to over 10% in three years.