Bata India is exploring a partnership with Adidas
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Bata India, a leading footwear maker, is in advanced discussions with athletic shoe giant Adidas for a strategic partnership in India, per the CNBC-TV18. This potential collaboration comes as Bata India begins trials for sports apparel and seeks to expand its presence across the country. The company has experienced significant growth recently, with a net profit increase to Rs. 319 crore in the past fiscal year and retail sales accounting for 75% of its revenue.