AUGUST 20244Steps to Global Fame The footwear manufacturing market of India is advancing at a good pace and is ready to leap up. Thanks to the synergy of age-long techniques and the application of advanced technologies, the sector continues to gain international significance. In the recent past, India has emerged as one of the leading producers of footwear. There are so many factors that have fueled this growth trajectory. One major factor is the increase in the middle class consumers and their improving disposable income in the country. The general public wants to spend more money on footwear that is fashionable and of high quality when they have more disposable income. This is where urbanization comes in. As a result of urbanization, there is increased consciousness and demand for stylish long-lasting shoes. This urbanization has promoted the growth of the retail business where shopping centers and online stores are available to meet the demands of the population in a variety of footwear. Further, the Make in India campaign has greatly supported manufacturing industries such as footwear. Measures that have been taken by the government to improve the domestic manufacturing and to discourage imports have encouraged producers. Also, more and more foreign companies are opening their production facilities in India due to comparatively low wages and a high level of qualification of the population. Technology is also influencing the industry in terms of growth and development. Starting from the mechanization of the production lines to the utilization of environmental friendly products, innovation is the core of this sector. In the current issue, we introduce you to the top companies in this segment. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this industry with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner. We welcome your feedbacks and suggestion that you may have concerning this special issue. Sudhakar SinghManaging Editoreditor@theindustryoutlook.comVol 5 · Issue 07 - 8 · AUGUST, 2024Publisher Alok ChaturvediManaging Editor Sudhakar SinghAssociate EditorDarshan KAssistant EditorRoshan AktharEditorial Team Viswanathan ANalini BramhanapalliDesign ManagerPrabhu Dutta A.R.N Ray Senior DesignerRajesh R B Visualizer V Hari PriyaSuanya BanerjeeAdvertising QueriesPrajnya Paramita Bhol Jaya Arora GM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Technologies Pvt. Ltd. and Printed at Executive Prints 113/7, Ground floor, Old madras road, Halasuru, Bangalore 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2024 Biz Print Media Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
< Page 3 | Page 5 >