Footwear Exports: Boosting India's Business

1 Minute Read Listen to Article
Share:    

Dec 01, 2025 13:07

x
President Murmu urges expansion of footwear business to boost India's exports. FTAs offer new opportunities for growth.
Footwear Exports: Boosting India's Business
New Delhi, Dec 1 (PTI) President Droupadi Murmu on Monday said India is a major footwear exporter of the world and there is a need to further expand the business to boost the country's exports from the sector.

Addressing the convocation ceremony of Footwear Design and Development Institute (FDDI), she said huge opportunities are there for the businesses in the fast growing sports and non-leather sectors.

The President added that the commerce and industry ministry is providing support measures to attract investments in the sector.

"India is a major footwear exporter of the world, but to further boost our exports, the footwear business needs to be expanded even more," Murmu said.

India's footwear exports in 2024-25 stood at over USD 2.5 billion and imports were USD 680 million.

Exports are four times more than the imports and it would increase further, she added.


India ranks second in the footwear production and consumption, she said, expressing hope that the country would become the global leader in this segment.

Speaking at the event, Commerce and Industry Minister Piyush Goyal said that the free trade agreements (FTAs) of the country would provide immense opportunities for the Indian businesses.

He added that Indian footwear products are globally renowned.

Brands like Prada have adopted India's GI-tagged Kolhapuri chappals and tried to take them to the global market, he said.

"India is doing a number of FTAs with developed countries, it will provide new opportunities for you," he said.

He suggested the graduates to focus on new markets, innovation and procession of high quality goods.
Share:    

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

See More >

Moneywiz Live!

Home

Market News

Latest News

International Markets

Economy

Industries

Mutual Fund News

IPO News

Search News

My Portfolio

My Watchlist

Gainers

Losers

Sectors

Indices

Forex

Mutual Funds

Feedback