As India endeavours to stem the decline in exports of key sectors like engineering goods, gems & jewellery, readymade garments of textiles and leather, it has an opportunity to capitalise on the positive trend in agricultural and pharma exports. India’s merchandise exports in September witnessed a 5.99% increase on a YoY...
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...
• 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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