Ambud Sharma, Founder & CEO, Escaro Royale, observes that Indian footwear industry has the potential to shun import dependency and become self-reliant. Companies need to resist the temptation to import for better margins. Also, they need to grow their processes and products internally and groom the workers for long term...
Arvind Soneja, Honorary General Secretary, Indian Footwear Components Manufacturer’s Association, opines that in order to make the Indian footwear industry self-reliant, domestic footwear components should be promoted. He also firmly believes that the industry must scale up production to promote Brand India abroad. IBT: What impact has COVID-19 had on...
• India has prided itself as being the world’s second largest footwear producer. The sector plays a major role in generating employment in the country, with about 400 jobs being created for every 1,000 pairs produced and sold in the country. • However, the onset of COVID-19 pandemic has sent...
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