New Delhi-Indian footwear Industry has a huge potential for export and employment generation said Union Minister of Commerce & Industry and Civil Aviation Mr Suresh Prabhu . He was speaking at the inaugural programme of the 4th India International Footwear Fair 2018 (IIFF) in New Delhi . India will soon become a global hub for manufacturing of footwear to cater to growing demand. The government of Indiais formulating a strategy for greater coordination with States as well as trade bodies for global promotion of Indias footwear industry.
The Minister emphasized that the Indian footwear industry has to look beyond the domestic market as India has potential to become a global footwear manufacturing hub. To Realise this a special package of Rs 2600 crore was approved by the Government for employment generation in leather and footwear sectors last year. The package comprises of implementation of central scheme:Indian Footwear, Leather & Accessories Development Programme.