Steps 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.