The footwear business in India is profoundly work severe and right now give employments near 3,000,000 individuals. The footwear business in India is profoundly divided as around 75% of the creation originates from the sloppy segment, including minuscule, little and medium endeavors. A portion of the significant footwear creation focuses on the nation incorporate Kanpur and Agra in Uttar Pradesh, Bahadurgarh, and Faridabad in Haryana, Vaniyambadi, and Ambur in Tamil Nadu. Here, we have collected the list of the top most popular footwear brands in India. Paragon It comes at the top of the list ..read more

Relaxo Footwears, whose key brands include Sparx, Flite, Bahamas, and School Mate, said open footwears account for about 80 percent of its total turnover. Relaxo Footwears Ltd plans to invest Rs 150 crore in the current fiscal to set up a new manufacturing facility amid growing demand for open footwears such as slippers and sandals in the backdrop of the COVID-19 pandemic. “Demand for open footwears is going up due to the COVID-19 pandemic. We are trying to increase production to meet that demand. We have planned an investment of Rs 150 crore this financial year. The majority of this amount wi ..read more

Liberty Shoes is also witnessing an increase in e-commerce sales and now accounts of about 40 per cent of its total sales, Bansal said. New Delhi : Footwear firm Liberty Shoes is expecting up to 45 percent decline in its revenues in the current fiscal due to COVID-19. Amid coronavirus pandemic, footfall at stores has dropped significantly as customers are avoiding public places and encouraging social distancing, Liberty Shoes Executive Director (Retail) Anupam Bansal said. “…The situation doesn’t allow us to compare the business with the last financial year… yet we will be 35-45 percent down i ..read more

Instead of leather or synthetic material, footwear with khadi as the raw material will hit shelves soon, according to manufacturers in the city who said the decision was taken after Prime Minister Narendra Modi’s push for promotion of local products. Agra footwear industry — the largest footwear manufacturing hub in India — has now come up with a range of khadi shoes. Instead of leather or synthetic material, footwear with khadi as the raw material will hit shelves soon, according to manufacturers in the city who said the decision was taken after Prime Minister Narendra Modi’s push for promoti ..read more

Explaining the reasons for Casa Everz Gmbh relocating its production to India from China, Jain said footwear being one of the top labour intensive industries in the world with raw material and labour availability also driving its economic advantage, India offered advantage on both the aspects. NEW DELHI: Casa Everz Gmbh, the owner of Germany-based healthy footwear brand Von Wellx, will be shifting its entire shoe production of over three million pairs annually in China to India with an initial investment of Rs 110 crore, according to a top official of the company’s licensee Iatric Industries P ..read more

Icra also noted that while volumes would be considerably impacted, a marginal decline in the average selling price (ASP) is also likely due to the expected discounts owing to the companies’ inclination to convert the limited footfalls, post Covid-19 into sales to shore up their cash flows while liquidating the inventory. Closure of retail outlets coupled with weak consumer sentiment due to the ongoing lockdown is likely to impact the footwear industry which is expected to witness a 10-15 per cent decline in revenues in the current fiscal, says ICRA. Prime minister Narendra Modi announced a nat ..read more

Founded in 2017 by Taran Chhabra and Amar Preet Singh, Neeman’s is a sustainable shoe brand that uses completely natural, renewable, recyclable and chemical-free materials to reduce the carbon footprint. Hyderabad-based shoe brand Neeman’s has raised about $1 million (around Rs 7.28 crore) from a clutch of investors including Anicut Angel Fund, Angelist among others. This is Anicut Angel Fund, recently launched by debt investor Anicut Capital’s first investment, ever since it was launched. Through Anicut, Ashvin Chadha, Arjun Seth, Abhishek Goyal, Ambarish Raghuvanshi, Sanjay Kapoor are among ..read more

The company, which largely has a presence in North India, plans to head South later Lakhani Infinity Footcare, which owns and markets footwear under the ‘Lakhani’ brand, plans to expand into West Bengal and later into the Southern states. The company will initially target Tier-II markets. Lakhani is a 55-year-old homegrown brand, but its presence has mostly been in the Hindi heartland, in Rajasthan, Haryana, Jammu & Kashmir, Uttar Pradesh and Madhya Pradesh. In the west, it has a presence in Maharashtra and in the South, it has “some presence” in Hyderabad. According to Mayank Lakhani, Dir ..read more

Every year, leather shoes worth over Rs 3,000 crore are exported to European countries from Agra. The US and several African countries are also important destinations for Agra footwear, say industry sources. AGRA: The outbreak of the deadly novel coronavirus (nCoV2019) in China has affected the footwear industry in Agra as supply of raw material from that country has stopped completely. Industry sources say raw material worth Rs 15 crore for manufacturing finished footwear is imported from different parts of China to Agra every month. Now, with the virus spreading fast, supply from China has d ..read more

Expects e-comm’s share of turnover to go up to 10% Mumbai-based footwear and accessories retailer Metro Brands Ltd, which houses brands like Metro Shoes, Mochi, Walkway and Davinchi, and operates retail stores for Crocs in India, is eyeing a larger presence in the online segment. It expects growth to primarily come through its premium offerings under Metro and Mochi brands. According to Alisha Malik, Vice-President-Marketing and E-commerce, Metro Brands, e-commerce’s share in total turnover is expected to jump from around 3 per cent to around 10 per cent over the next three years. Currently, M ..read more