Economically-priced footwear for all occasions be it attending a meeting, strolling around town or shopping, visiting a museum, attending a sports event or enjoying a pop concert...
An Overview of the Ladies Footwear and Leather Industry
The outlook for the Footwear & Leather Industry in India is positive. The ladies footwear segment is the pride of India's leather industry, and ranks second in the world, next to China. According to recent market analysis, in the last five years, the ladies leather footwear and footwear component production has increased by 60 percent. The consumption of ladies footwear in India is 75 percent of the total. Analyzing the export-import potential of the sector, the report informs that almost 50 percent of the total domestic production is exported.
In comparison to the global market, the Indian Leather Industry is yet to capture the existing untapped potential in the domestic market. India has a large and growing consumer class. The distinct advantages of the Footwear & Leather industry in India are variety and abundance of raw materials like leather, adhesives, etc. Quality consciousness and R & D facilities enable India to be a significant participant in the world Footwear & Leather market.