Shoes

  • Indian footwear industry faces steep decline in demand, forecasts muted for coming months

    Indian footwear industry faces steep decline in demand, forecasts muted for coming months

    The Indian footwear industry, once hailed for its resilience and growth, is now grappling with a harsh reality as demand takes a nosedive. Economic slowdowns, changing consumer behavior, and pandemic-induced disruptions have converged to create a perfect storm, leading to a significant slump in demand. Forecasts suggest that this downward trend is likely to persist […]