Oman India Joint Investment Fund has acquired a minority stake in SSIPL Retail Ltd, looking to capitalize on the growing Indian footwear market.

Information on the Target

The Oman India Joint Investment Fund (OIJIF) has recently invested in SSIPL Retail Ltd, which was previously known as Moja Shoes Ltd. SSIPL is a prominent player in the footwear industry, known for its innovative designs and high-quality products. The company has established a strong market presence in India, catering to a diverse customer base with a range of footwear options that blend comfort and style.

SSIPL Retail Ltd operates stores across various regions and has successfully developed a reputation for its commitment to quality and customer satisfaction. The investment from OIJIF not only signifies confidence in SSIPL's growth potential but also positions the company for further expansion in the competitive footwear market.

Industry Overview in India

The Indian footwear industry is one of the fastest-growing segments within the retail market, largely driven by increasing consumer disposable incomes and urbanization. Over the past decade, the sector has witnessed significant tra

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