Paragon, one of the country's largest selling footwear brands, is aiming to achieve Rs 5,000 crore turnover by 2020, as against the current Rs 1,400 crore.
"For the past few years we have grown at 25 to 30 per cent per annum. Now with the introduction of new models and variants, the value chain is expected to go up. When the average price of footwear goes up, revenues also grow.