Small shoe shop in Mumbai laid the foundation for what is now one of India’s biggest footwear retail businesses. Seven decades later, Metro Brands has grown into a nationwide retail chain with more than 800 stores and a market value of around Rs 22,000 crore. AdvertisementRafique Malik took the business nationwideAfter joining the family business, Rafique Malik focused on building a national retail network instead of operating only in Mumbai. The company also retails several international footwear brands through partnerships, helping it strengthen its presence across multiple price segments and consumer categories. In 2021, Metro Brands launched its initial public offering, which received a strong response from investors and marked an important milestone in the company’s growth.