Who Will Be the Footwear Supply Replacement Country of China? India? (4)
Let's have a look at the favorable and unfavorable factors of India.
Favorable factors :
Abundant low-cost labor and rich local leather
resources,etc.
Unfavorable factors :
Firstly, lack of foreign investment in production
facilities. Currently there are only some pilot projects.
Secondly, labor law is
too rigid in hiring and firing.
Thirdly, footwear industry cluster is not
enough, thus increasing buyers` cost and challenge.
Lastly, more efforts are
put on men and women`s sandals production. Actually more attention should be
paid to custom-made ladies` shoes, sports shoes or artificial shoes.