Home / Knowledge / News / Indonesia to surpass Vietnam in footwear sector
Indonesia to surpass Vietnam in footwear sector
03
Aug '10
Indonesia aims to become the second largest shoe hub of the world, within two years, surpassing Vietnam. It will outshine Vietnam as biggest footwear exporter of the world with estimated annual exports worth US $2.1 billion.

The country that stands third in shoe production, following China and Vietnam, can now produce over three million pairs of shoes, each year, of renowned brands like Nike, Adidas, New Balance. Several famous shoe brands intend to move their industries to Indonesia from Vietnam and China.

Two shoe producing companies of Korea would set up new plants in Indonesia investing $150 million, and would also relocate their plants from Vietnam and China. The two companies have so far produced shoes bearing Adidas and Geox brands.

A new plant worth $100 million would be built on 20 hectares in Serang, west of Jakarta by the famous shoe brand, 'Adidas', while, 'Geox' will establish its new plant worth $50 million on 5.6 hectares of land in Pasuruan, East Java.

Adidas and Geox have production capacity of 850,000 and 1.2 million pairs of shoes, respectively. Such relocation is also making textile and electronic companies to shift their plants to Indonesia.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search