SSIPL Retail Limited ("SSIPL") was constituted in the year 1994 and set up its first footwear manufacturing plant at Kundli, Sonepat in the year 1995. SSIPL became the first authorized footwear manufacturer for brand Nike in India in the year 1996.
SSIPL Retail Limited operates seven footwear-manufacturing facilities in the states of Haryana, Uttarakhand and Himachal Pradesh. Two facilities at Himachal and the facility at Uttarakhand are in the tax-holiday zone and enjoy certain income tax and excise duty exemptions. SSIPL's retail foray began in 1998 with the opening of its first retail outlet.
SSIPL is one of the leading specialty retailers of premium international sports and lifestyle brands in India with a presence across retailing, designing, manufacturing, and franchising of sports and lifestyle products. Today between the company owned & operated and franchisee- operated stores the nationwide retail network is of 243 stores across in 83 cities.
Francorp is providing services towards acquisition of franchisee network to SSIPL Lifestyle Private Limited for its brands Nike, Lotto, Shoetree & Mmojah across India.