Festive cheer started early for Bata India with Goods & Services Tax (GST) 2.0 reforms. The largest footweaR manufacturer in the country burdened by muted demand and low consumer sentiment is expected to improve its revenue base with reduced GST. The government reduced GST on footwear not exceeding Rs 2500 from 12% to 5%. GST on footwear above Rs 2500 stands at 18%. This is cherry on the cake for Bata India reeling under higher GST of 12% imposed on its affordable segment (below Rs 1000) since January 1, 2022. Affordable or economy segment constitutes
nearly 50% of its product portfolio. For Bata India, premium segment starts above Rs 2,000 and thus belly of its revenue. base will be favorably impacted by GST cut implemented. from September 22, 2025.