Shoe-Tech 2024 starts today IN KANPUR | Shoe-Tech 2024 begins in Kanpur today: India self-reliant in making footwear components, target to reach Rs 50 thousand crore business by 2028 – Kanpur News

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He said, the manufacturing companies in the country are meeting the domestic demand as well as the demand of many other countries. Today the business of footwear components in the country has reached Rs 20 thousand crores, the target is to take the business to Rs 50 thousand crores by the year 2028.

India will soon leave China behind

Today Indian companies are exporting components to European countries including Bangladesh, Sri Lanka, South Africa. Chairman of Super House Group, Mukhtarul Amin said that 10 years ago, India used to import 90 percent of the footwear components, but now only 10 percent of the components are imported.

India will soon leave behind China, which holds the first position in the footwear business. Told that China manufactures footwear components worldwide. After this is Vietnam and in third place is India.

Made 4 demands from the government, solve the infrastructure problem

CLE (Leather Export Council) Asr Kamal Iraqi said that CLE is working on the vision document. Also, preparations are underway to build a world class design studio at a cost of approximately Rs 100 crore in Banthar, Unnao. IFCOMA Vice President Pradeep Aggarwal said that there are four demands from the government that the foreign companies manufacturing in the country should do 60 percent domestic production and give 50 percent share.

Time to patent a design is reduced

Union Minister Piyush Goyal has given assurance one and a half month ago that the Government Design Studio will be opened soon. The availability of raw material should be increased by solving infrastructure problems. Also, it takes more than five years to patent a design, due to which foreign companies copy it. The time taken to patent a design should be reduced.

65 manufacturers will set up 80 stalls

During the press conference, Creative India Director Prerena Verma said that Kanpur Indian Footwear Components Manufacturing Association Shoe-Tech 2024 will be organized at KLC Complex Banthar on 16 and 17 October. In this 14th edition, 65 manufacturers will set up 80 stalls, in which people from Kanpur as well as cities like Delhi, Gurugram, Chennai, Bangalore etc. will participate. In this, six best performers will be rewarded.