Analysis Of Indian Footwear

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Industry Definition
This industry comprises establishments primarily engaged in manufacturing footwear, of any material. Example Activities: Athletic shoes, manufacturing Boots, manufacturing Children's footwear (except orthopedic extension shoes), manufacturing Footwear (except orthopedic extension shoes), manufacturing Golf shoes, manufacturing Infant's footwear (except orthopedic extension shoes), manufacturing Leather footwear, manufacturing Men's footwear (except orthopedic extension shoes), manufacturing Orthopedic shoes (except extension shoes), men's, manufacturing Running shoes, manufacturing Shoes, manufacturing Skate boots, without blades or wheels, manufacturing Slippers, manufacturing Women's footwear (except orthopedic extension …show more content…

The increasing diversification of products into other footwear by domestic manufacturers will support this growth in the forecast …show more content…

enviably enjoy a far better per capita of 7 to 8 pairs.
Consolidating mid-term status by 2020, the potential target for Indian Footwear Industry will equalize consumption pattern of 3-4 pairs. With six/seven years to go, we need to scale our production from current level of 2 billion pairs to nearly 5 billion pairs at a CAGR rate of 30-40%.

Similar industries
Other Similar Industries related to Footwear Industry are:
Leather Industry: Leather is one of the most widely traded commodities globally. The growth in demand for leather is driven by the fashion industry, especially footwear. Apart from this, furniture and interior design industries, as well as the automotive industry also demand leather.The leather industry has a place of prominence in the Indian economy due to substantial export earnings and growth, besides the fact that it employs 2.5 million people. India is the fifth-largest exporter of leather goods and accessories in the world.
• USD 12 Billion industry.
• 10% of the world’s leather production.
• 24% growth projected in the next five years.
• 55% of workforce below

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