NITI Aayog’s quarterly trade watch report has called for tariff reforms and non-leather footwear production, among other recommendations, to boost India’s footwear industry, which has seen a drop in market share globally.
India’s share of the $281.76-billion global leather and footwear exports market was 1.85 per cent in 2024, at par with its 2-per cent share in 2004.NITI Aayog’s quarterly trade watch report has called for tariff reforms and non-leather footwear production, among other recommendations, to boost India’s footwear industry, which has seen a drop in market share globally.
India’s share of the $281.76-billion global leather and footwear exports market was 1.85 per cent in 2024, at par with its 2-per cent share in 2004.
