Asia is the global hub of footwear
manufacturing. Around 86% of total production takes place in the region. After
China, India is the world’s second largest producer of footwear.
In 2018, the Indian footwear market
revenue amounts to US$ 16,980 million. It is to grow at a CAGR of 10.2%. Of the
total production of footwear in the county, 96% is for local consumption. Only
4% are for exports the number is only increasing due to the rising demand for
Indian PU women slippers abroad.
But how the Indian industry is
making this happen. Here are the reasons for the increased demand for Indian PU Women Slippers .
1. Availability of Raw Material
Polyurethane (PU), the tough yet
elastic material has countless applications. In footwear, it is widely used for
its sturdiness and malleability. It is the key raw material for PU women
slippers.
In India, the consumption of PU has
been rising steadily. As of 2016, 564Kt of PU is consumed
in the country. This is majorly going towards manufacturing PU based footwear.
2. Unique Designs
Unlike their foreign counterparts,
the PU Women Slipper Exporter
of the country derive designs form the rich heritage of the country.
From floral to various thematic designs, they are both beautiful and
grander.
3. Low Cost
The Indian PU women slipper
exporting and manufacturing industry employs cheap labor. This reduces the
costs of production and the cost of the slippers. Also aiding this low cost is
the Indian government’s
push to promote the sector. It is the
largest employment generating sector in the country. The government is
providing subsidized credit to the industry.
4. High Standards
Eyeing international markets, the
Indian companies are adopting high manufacturing standards. The PU used is of
high quality. The slippers thus produced provide value for the money. The
process is turning many Indian brands into global brands.
5. Quality Service
From order picking, payment channels
and delivering the orders, the Indian manufacturers are at par with the global
brands. They are following industry best practices in service provision. Aiding
them is the Indian government’s Digital India Initiative that is leading taking up business
processes online. It is reducing business processing time and removing cost
constraints. For buyers, it is a break from the India of the world where
getting an order delivered was a nightmare.
In Conclusion
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