Why Global Brands Are Turning to India for Footwear OEM/ODM: The Real Story Behind the Shift
Key Takeaways Global brands are strategically shifting footwear manufacturing to India as traditional markets face rising costs and capacity constraints, creating new opportunities for cost-effective, high-quality production partnerships. China’s dominance is declining: Production costs rose 36% since 2015, while China’s global export share dropped from 63.8% to 62.2%, pushing brands to diversify manufacturing locations. India […]