India is finally expereinecd a boom in the manufacturing sector. This is being fuelled by exports of goods as well as services to international markets like USA and Europe.
We are a group of technocrats, who are interested in setting up Shoe factory exclusively catering to the Export market. Our initial study shows that there is a huge market potential for manufacture and export of high quality leather shoes.
With the cost of manufacturing touching a new high and the young Europeans averse to working in the non-glamorous manufacturing industries, the European companies are looking at India as a place for outsourcing.The leather footwear industry outperformed other leather product industries in 2002-03. Aggregate leather exports were $1.81 billion, a decline of 6.30 per cent. In contrast, footwear exports grew by 3.61 per cent to log $410 million
The initail investment required will be around US$ 2 Million.
Looking forward to your proposals
Best regards