: India International Footwear Fair underway in New Delhi #finance #StockMarketNEWS India International Footwear Fair underway in New Delhi New Delhi, Sept 3 (KNN) The sixth edition of the India

India International Footwear Fair underway in New Delhi #finance #StockMarketNEWS
India International Footwear Fair underway in New Delhi New Delhi, Sept 3 (KNN) The sixth edition of the India International Footwear Fair is underway at Pragati Maidan, New Delhi.

The three-day event is being organised by the Confederation of Indian Footwear Industries (CIFI) with the support of the Council of Leather Exports (CLE), Indian Footwear Components Manufacturers’ Association (IFCOMA), Central Leather Research Institution (CLRI), Indian Shoe Federation (ISF) and Indian Finished Leather Manufacturers’ Association (IFLMEA).

The fair was inaugurated by Vijay Sampla, Chairman, National Commission for Scheduled Castes, Government of India.

The footwear sector in India has a huge potential for achieving significant growth in the coming years, both in the domestic market and on the export front.

Key persons present at the event included Vibhu Nayar, IAS, Executive Director, ITPO, Raj Kumar Gupta, President CIFI and others.

Speaking on the occasion, Vibhu Nayar, ED, ITPO indicated that the next edition of the fair would be organized with higher participation in an area of 8000 sq.mtrs. This fair will become one of the largest in this segment.

As per reports, as many as 152 leading companies are participating in the event.

R.K. Gupta, President of CIFI informed that at present India is producing 230 crores of pairs of shoes. He assured that by 2030 India will enhance its production three times.

The footwear fair that began on September 1 will conclude today. (KNN Bureau)