cooperative banks features

Topics: Shoe, Footwear, Athletic shoe Pages: 48 (9931 words) Published: November 11, 2013
1.1 INTRODUCTION TO FOOTWEAR INDUSTRY

Footwear refers to garments worn on the feet, for fashion, protection against the environment, and adornment. Being barefoot is commonly associated with poverty, but some cultures chose not to wear footwear, at least in some situations. The footwear sector is a very significant segment of the leather industry in India; rather it is the engine of growth for the entire Indian leather industry. India is the second largest global producer of footwear after China, accounting for 13% of global footwear production of 16 billion pairs. India produces 2065 million pairs of different categories of footwear (leather footwear - 909 million pairs, leather shoe uppers - 100 million pairs and non-leather footwear - 1056 million pairs). India exports about 115 million pairs. Thus, nearly 95% of its production goes to meet its own domestic demand. The major production centers in India are Chennai, Ranipet, and Ambur in Tamil Nadu, Mumbai in Maharashtra, Kanpur in U.P., Jalandhar in Punjab, Agra, Delhi, Karnal, Ludhiana, Sonepat, Faridabad, Pune, Kolkata, Calicut and Ernakulum. About 1.10 million are engaged in the footwear manufacturing industry. Footwear exported from India are Dress Shoes, Casuals, Moccasins, Sport Shoes, Horrachies, Sandals, Ballerinas, Boots, Sandals and Chappals made of rubber, plastic, P.V.C. and other materials.  

1.1.1 INDIAN FOOTWEAR INDUSTRY
The Indian market for footwear includes all producers of non-cleared, rubber and plastic footwear designed in style or for use. The industry is a collection of smaller, segmented, yet often overlapping markets, defined by both the price and the purpose of the shoes. For instance, there are mini-markets for shoes designed for each of many sports and other purposes: basketball, running, walking, tennis, and casual wear. The greatest overlap between these categories is between performance shoes and casual wear. Therefore, there is some degree of overlap between most segments. The industry is dominated by a few large firms, while the majority of other players have less than 5% market share. These firms fight for market share through non-price competition, on strategies such as strengthening brand image and increasing product proliferation. The success of each firm is greatly dependent upon its marketing campaigns. The brand image of the major firms is created by extensive marketing campaigns and celebrity endorsements. Consumers associate themselves with a particular brand and tend to stick with the brand with which they are comfortable. Entry to the industry is difficult as brand loyalties are high. Standing on the threshold of a retail revolution and witnessing a fast changing retail landscape, the Indian footwear market is set to experience the phenomenal growth in coming years. In past few years too, the market has seen robust growth, says ³Indian Footwear Industry Analysis ´report. This report provides extensive research and in-depth analysis on the Indian footwear market. The detailed data and analysis given in the report will help the client to evaluate the leading-edge opportunities critical to the success of the footwear market in India. The forecasts and estimations given in this report are not based on a complex economic model, but are intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers

India’s Footwear Export Growth over the last Four Decades 

Export of footwear from India increased manifold over the last four decades. During 2011-12, India’s footwear export is valued at US$ 2077.27, constituting 42.67% share in total export of leather & leather products.

Fig.1.1
Footwear exports has increased from US$ 119.72 million in 1981-82 to US$ 2077.27 million in 2011-02

1.1.2 CLASSIFICATION OF FOOTWEAR

Shoe: shoe is an item of footwear intended to protect and...

Bibliography: C. JOURNALS:
Pankaj Priya, Rajat Kanti Baisya, Seema Sharma, (2010) "Television advertisements and children 's buying behaviour", Marketing Intelligence & Planning, Vol
Ying Fan, Yixuan Li, (2010) "Children 's buying behaviour in China: A study of their information sources", Marketing Intelligence & Planning, Vol. 28 Iss: 2, pp.170 - 187
Reulene Küsel, Peter J
M.F. Bradley, (1978) "Buying Behaviour in State-Sponsored Industry", Management Decision, Vol. 16 Iss: 1, pp.43 – 51
Erdener Kaynak, Lois Stevenson, (1982) "Comparative Study of Home Buying Behaviour of Atlantic Canadians", Management Research News, Vol
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Cooperative Banks Essay
  • Essay on The Cooperative Bank
  • Schemes of Cooperative Agricultural Banks Essay
  • Cooperative Bank Case Essay
  • Cooperative Banks Essay
  • Essay about Cooperative Banks
  • Cooperatives Essay
  • Cooperatives Essay

Become a StudyMode Member

Sign Up - It's Free