India produces about 825 million pairs of Upper and Shoes with leather materials, while more than 100 million pairs of sport shoes are produced with synthetic and fabric uppers every year. The footwear component and accessories market is worth Indian Rupees 2000 crores (US Dollar 500 Million) with fast and continuous developments in new production capacity creation and up-gradation in quality to international standard specifications. A summary sheet on the Indian Leather Industry Profile will help you understand, in a nutshell, the trends emerging in the Indian leather sector.

There has been considerable growth in the component industries in last 6/8 years. Almost all the components, parts and accessories are being produced in volumes. Given the strong factor advantages the Indian Leather Sector enjoys viz. livestock population, raw material availability, skilled labor and a huge domestic demand, the footwear component industry in India has been keeping pace with the developments in the leather sector. Concomitantly, the industry has been making rapid up-gradation in quality and standardization in its product range across the industry. Large scale mechanization of existing and setting up of new mechanized units and joint ventures is taking place at a very fast pace.

Most of components like Soles of rubber and leather, PVC, TPR and PU are produced with latest designs meeting international specifications. Similarly, Plastic Lasts, Midsoles, Insoles, Toe puff and Counters, Leather board materials, Laces, Eyelets, Fabrics, Buckles, Shank etc. are also produced in different parts of the country to meet the demand of the domestic as well as foreign footwear manufacturers.

IFCOMA invites foreign component manufacturers for interaction and technical tie up to make India their production base. By doing so, these manufacturers will also part and share the country's large domestic footwear market. Liberal economic policies and encouragement to export-oriented units creates a favourable condition for exports to the neighbouring  countries in the Asian continent. Factor advantages lend credence to such a decision.

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