Business

adidas bullish on Indian market despite fluctuating import duty rates 

Last updated : Sep 20, 2018 14:09
SportzPower Team
Sep 19, 2018 13:09

NEW DELHI: German sportswear giant adidas on Tuesday pointed out unstable import duty rates that too without warning on most occasions in India as one of the biggest obstacles for the company when it comes to its operations and future investment planning, Press Trust of India reports.

The MNC sells both locally-sources and imported products in India. However, adidas India’s MD, Dave Thomas believes that bringing more imported ones were a must for adidas to showcase its ‘full story to India’, something which he feels consumers deserve. 

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