8 Nov 2022

Ready to dethrone China as the leading shoemaker, India has launched a Development Program with the aim of multiplying its exports tenfold. The project will run until 2026 and has a budget of €211 million.

 

 

The Indian Minister of Commerce and Industry, Piyush Goyal, announced that, according to forecasts, footwear exports will multiply tenfold in the coming years. The Footwear and Leather Development Program, effective from 2021, will invest to turn the country into “the world’s shoe factory.”

The footwear and textile industry are two of the pillars with which India plans to strengthen its presence in international markets and take first place from China. The footwear program will be in force until 2026 and seeks to promote employment and investment in the sector. With the aim of winning over Western markets that put certain conditions on imports, the Indian authorities want their industry to apply more ethical work practices and produce sustainable footwear.

The initiative includes credits guaranteed by the State, tax benefits and laws that benefit exporters. With this plan, the country seeks to be considered a viable and safe supplier to establish itself as an alternative to Chinese footwear. The program will run in parallel with an investment plan of 1.4 billion euros to improve the country’s production infrastructure.

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。

 

我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

 

亞太區皮革展遵循英富曼的 Informa AllSecure 規定,提高新冠肺炎疫情後活動之健康和安全標準。

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