From Local Craft to Global Hub: India’s Ascent in Footwear Manufacturing Excellence
Introduction
India’s GDP growth decelerated to 5.4% in the second quarter of FY 2024-25, marking the slowest pace in seven quarters. This slowdown reflects challenges such as inflation, fluctuating consumer demand, and global uncertainties. Yet, amid these hurdles, some industries continue to act as stabilizing forces for the economy—the footwear sector being one of them.
The...
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