There is drastic growth in the domestic and export sales of footwear over recent years. These are happening due to the extension of safety shoes manufacturing companies in India. As per the current survey, India is the second-largest shoe producer and tenth-largest shoe exporter. With the help of technology and innovation in footwear and complete support from the government, the safety shoe suppliers are achieving success in the domestic market. These have given them a chance to increase their competitiveness in the global market. With the help of this connection, companies will able to grow their footwear business at another level.
Netscribes has provided the survey about the market of Indian footwear will increase and reach up to 790.6 billion (USD 11 billion) by 2023. Several factors influence the growth of the footwear market in India, which includes rapid urbanization, growing disposable income, supportive government initiatives, and the fast development of the e-commerce market.
Annually in India, there is the production of more than 22 billion pairs since 2018. Footwear production centres in India are Kanpur and Agra in Uttar Pradesh, Ranipet, Vaniyambadi, and Ambur in Tamil Nadu. Due to the expansion of safety shoes manufacturing companies, numerous footwear market trends will grow high in the coming time. Everyone knows safety footwear manufacturers in India are labour-intensive companies. With the usage of automation and innovation technology, there is an increment in productivity. The introduction to e-commerce platforms is an excellent footwear sales channel to facilitate footwear products in India. The increase in sales will increase the revenues of the safety shoes manufacturers.
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