Taiwanese and Vietnamese Firms Keen to Invest in India’s Non-Leather Footwear Sector Says CLE

Taiwanese and Vietnamese Firms Keen to Invest in India’s Non-Leather Footwear Sector Says CLE

India is quickly becoming a hotspot for investment in the non-leather footwear industry. Companies from Taiwan and Vietnam are showing strong interest, and support from the Indian government could be the key to unlocking their full potential here.

According to RK Jalan, Chairman of the Council for Leather Exports (CLE), these foreign firms are looking to set up manufacturing units in India. But they rely heavily on importing items like shoe soles, fabrics, and machinery from countries such as China.

“Vietnamese and Taiwanese firms are keen to invest in India. We need to support them so that they can import these goods smoothly into the country for their manufacturing facilities”

RK Jalan
Chairman, Council for Leather Exports

Jalan also highlighted that India’s footwear exports are growing steadily. In the financial year 2024–25, exports reached $5.75 billion. For 2025–26, the council is aiming for $7 billion in exports.

The US remains India’s largest export market, with footwear shipments worth $957 million. The UK and Germany follow, holding 11% and a notable share respectively.

“We are expecting about 18% growth this year. Promotion of manufacturing in the country will help further boost exports and job creation”

RK Jalan
Chairman, Council for Leather Exports

A trade agreement with the US could further improve India’s position. Currently, Indian footwear attracts an 18.5% import duty in the US, making products less competitive.

Jalan also called on the government to activate the focused product scheme announced in the latest Budget. This program is meant to improve design, boost component manufacturing, and support better machinery for the non-leather footwear industry.

Source – https://money.rediff.com

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ABOUT THE AUTHOR

Arshad

Arshad is an engineer specializing in leather technology with over 9 years of experience across the global leather and allied industries and content creation. 

📧 arshad@leathernews.org
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