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Footwear industry major foreign exchange earner: Goyal

by Blitzindiamedia
July 31, 2023
in New India
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Team Blitz India

NEW DELHI: Union Minister of Commerce and Industry, PiyushGoyal on July 30 said that the Indian footwear and leather industry apart from being a major foreign exchange earner is also a labour intensive sector, It provides employment to approximately 4.5 million people, 40% of whom are women.

While addressing the India International Footwear Fair 2023 (IIFF), PiyushGoyal said that India has the capacity to become world’s largest and best quality footwear manufacturer.

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The Minister said that India is the second largest exporter of leather garments, third largest exporter of saddlery & harness and fourth largest exporter of leather goods in the world. Goyal highlighted that more than 95% of the production units in this sector are Ministry of Micro, Small & Medium Enterprises (MSME) units.

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