Monday, February 20, 2012

India's Footwear Industry May Reach 387 Billion Rupees in 2015

Benefited from the prosperity of the middle class and rural markets increased demand for help, the footwear industry in India in 2015 to 387 billion rupees to 220 billion rupees in the current industrial organization Association said today. Indian women the production of three billion pairs of shoes, about 10 percent of exports, accounting for 15% of annual global footwear production business groups released a subject for the study of the footwear industry in India ".
La Wate, the Secretary-General of the Indian Chamber of Commerce and Industry, said: "The fashion conscious with the domestic market by the growth of middle class in the Indian city of disposable income growth driver, the middle class contributed 45% of the total footwear market in India India is the world's first the second largest footwear producing countries, second only to China. " La Wate said: "low cost of production, abundant raw materials, increasing the evolution of retail systems, purchase form and a huge consumer market is the basic features of the footwear market in India".
It's written by GoodLandShoes date 2.21.2012

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