Home / Knowledge / News / Indian footwear exports to witness two-fold growth
Indian footwear exports to witness two-fold growth
May '10
As the global economy witnesses recovery from the financial meltdown, overseas sales of footwear is likely to be more than two-fold times amounting to US $3.37 billion (about Rs 148.28 million) within the next two years.

The Indian footwear industry, which is among the leading footwear industries of the world, following China, shows ten percent growth every year, informed B D Bhaiya, President of Indian Footwear Components Manufacturers Association.

Country's footwear exports in the year 2008-09 stood at US $1.53 billion. The footwear export of the country accounts for more than 40 percent of the total exports of leather and leather products; various, international brands such as Nike, Addidas and Reebok source footwear from the US $5 billion domestic industry.

With the increase in per capita consumption of footwear in the country to two pairs from just 0.5 pairs, a decade ago, the current footwear production of India has increased to about 2.06 billion pairs.

Bhaiya expects that, the country will soon attain the topmost position in global footwear market with its quality and price competitiveness, as a number of companies have already started sourcing goods from India. US and EU are the major export destinations of India.

Moreover, a number of foreign companies are setting up production base in the country. With the establishment of manufacturing plants of companies such as Formas Kunz of Brazil, Feng Tay Enterprises of Taiwan and Apache Footwear of China, in India, a 100 percent foreign direct investment has been allowed to flow into the country for the footwear sector.

On May 7, a three-day Footwear, Materials, Manufacturing and Technology Fair will be inaugurated in Greater Noida, by India's footwear industry to attract global footwear industry entrepreneurs.

Fibre2Fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search