Ritesh Dua, Executive Vice President, Relaxo Footwears New Delhi: Footwear major Relaxo has forayed into the Moroccan market, strengthening its export business, shared Ritesh Dua, Executive Vice President, Relaxo Footwears in an interview with ETRetail. “This is a very strategic market for us because it is north of Africa and has a lot of effect…
Representative image Union Minister of Commerce & Industry Piyush Goyal stated that the leather and footwear industry of the country has the potential to raise employment in the sector from the current 40 lakh to 1 crore. The minister stated it while inaugurating the 8th India International Footwear Fair in Delhi on Thursday. He highlighted…
Kolkata | New Delhi: Armani Exchange, Superdry, Calvin Klein, Tommy Hilfiger and US Polo Assn are said to be running out of local shoe stocks as the government wants factories they are made in to be certified by the Bureau of Indian Standards (BIS). These plants are mostly based in China, Vietnam, Thailand and Malaysia,…
Representative Image New Delhi: Market size of the Indian footwear industry can increase by over three times to USD 90 billion by 2030 provided a host of measures such as a ban on show imports, fiscal incentives, more design centres and Taiwanese contract manufacturers setting up shops in the country are taken, a report said…
The premium footwear industry selling designer, luxury labels and high-end sports shoes is in turmoil as manufacturers say consumers may not be able to buy the new spring-summer season launches. The footwear could go off retail shelves in the next few months as the Bureau of Indian Standards (BIS) has not certified their factories in…
Government think-tank Niti Aayog is looking at tax-related issues, including inverted duty structure in three sectors of engineering, leather, and textiles, an official said on Monday. The issues are likely to be taken up with higher authorities for their resolution to promote the growth of these sectors, the official said. Industry representatives of leather and…
