Footwear manufacturer trails peers on 3-year growth parameter
As some things - like office attire and formal shoes - were pushed to the back of closets, stuff that spelled comfort quickly took their place
India is the second largest global producer of footwear with 2.6 billion pairs/year in 2019, whereas China ranks first with 13.47 billion pairs
According to a DPIIT notification, the products would have to conform to the specified standards and bear the standard mark under a licence from the Bureau of Indian Standards (BIS)
Is it a good time to buy footwear-related stocks as the economy opens up more and people prepare to head back to offices? Here's how they look on the technical charts
The third of a 5-part series analyses the reasons behind the shrinking foothold of the sector
Says it may require support from government in the form of reduction in GST, especially for footwear priced above Rs 1,000
Uttar Pradesh green watchdog has now allowed the conditional opening of tanneries
Industry insiders believe the package will help increase exports by 4-5%