Italian footwear component companies head to India
Five Italian shoe component companies have announced they are planning to shift production to
Already this year, Tata International and Saba Shoes have entered into collaborations with Italian organisations for the production of footwear components. Conceria Virginia Italy and the Chennai-based Forward Group, meanwhile, announced plans for a joint tannery venture in January 2004.
Rafeeque Ahmed, chairman of the Indian footwear manufacturer, Farida Group, said that the increased shift in component production to
According to the Indian Commerce Ministry’s Council for Leather Exports, between April and December 2003, the country’s footwear exports increased 20.1% to $351 million while leather exports rose 5.4% to $1.49 billion.
