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Our Bureau

Bangalore, June 1

Nike will be bringing into India its range of watches and eyewear this year, said Mr Sanjay Mehra, General Manager (India), Nike. These will be sports-specific, related to sports training, said Mr Mehra, adding that retail space was a limitation to bringing in Nike's huge range of products into India.

Although he would not divulge the company's financial details, Mr Mehra said Nike in India was growing at 50 per cent. Its contribution to global sales is negligible, but India is a huge potential market for the company, he said. Currently, the sportswear market in India is Rs 1,500 crore, but Mr Mehra said it has the potential to grow to Rs 5,000 crore. Nike has over 100 stores in India; it plans to add 50-75 stores this financial year.

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