Discuss the growth of Footwear Industry in India and its Consequences

In the transforming era where footwear industry in India has shown an outgrowth in the recent years due to its increased demand, however the industry has faced multiple challenges in terms of infrastructure, resources and facilities etc. With the arrival of latest advancements, the growth of leather shoes and canvas manufacturer in Delhi, India has become prominent. The country has a wide scope for growth of footwear industry with all the positives on its side. These days the access to state-of-the-art machineries by the well-known footwear manufacturers opens up a number of possibilities as a stimulating factor for the Indian manufacturers. According to a recent survey, India is the second largest global manufacturer of footwear after china that is 13% of global footwear production of 16 billion pairs. India produces 2065 million pairs of different classifications of footwear (leather footwear - 909 million pairs, leather shoe uppers - 100 million pairs and non-leather footwear - 1056 million pairs). India exports about 115 million pairs. Thus, nearly 95% of its production goes to meet its own domestic demand.

Major states of India that contributed to the overall production of footwear:

After China, India has topped the countdown to be the global producer of, accounting for the major production canters in India are Chennai, Ranipet, Ambur in Tamil Nadu, Mumbai in Maharashtra, Kanpur in U.P., Jalandhar in Punjab, Agra, Delhi, Karnal, Ludhiana, Sonepat, Faridabad, Pune, Kolkata, Calicut and Ernakulam. About 1.10 million are engaged in the footwear manufacturing industry. This way footwear sector has become prominent in the leather industry, at present most of footwear brands in India are putting efforts on deploying resources and producing high-quality and durable leathershoes for man, women and kids.

Footwear industry is focused in expanding production and this can be feasible through keeping track of the past performances and witnessing the current scenario, top shoebrands for men, women and kids based in India are even shifting interest in increasing exports. Meanwhile the intervention of multinational companies in the domestic market and as a result of which the competition has reached the peaks, all these threats are being faced by the Indian footwear manufacturers. Indian government also allows 100 present Foreign Direct Investment in this industry. Lakhani footwear is one of the top Indian footwear brands, which has gained prominence over the years in offering leather shoes, sports shoes, jogging shoes, hawai chappal, and canvas shoes. Lakhani shoes price list is also complementing the unique designs and categories of footwear. Apart from leather, usage of plastics for footwear was done initially for replacing leather soles. Today, both nationally and internationally demand for 100% non-leather footwear is on the rise. The renowned Indian manufacturers like Lakhani and many others manufacture not only for the domestic market, but also for exports. Global involvement has shown that more than 55% of the footwear made and used is with non-leather materials.