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FOOTWEAR PRICE REDUCTION
Portugal eyes bigger role in India’s infrastructure, manufacturing push as trade ties deepenPortugal's Minister of State for Economy, João Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlightin...11 May, 2026, 11.14 PM IST- India-EU strategic partnership gained decisive new momentum, says Nirmala Sitharaman at Europe Day 2026Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Friday stated that the 16th India-EU Summit held in New Delhi this J...09 May, 2026, 12.27 PM IST
- India–New Zealand $20 billion FTA: List of sectors set to gain ground as the deal kicks inIndia and New Zealand have signed a Free Trade Agreement. This pact offers zero-duty access for most Indian exports. Key sectors like texti...28 Apr, 2026, 06.46 PM IST
- Consumption slowdown in Q4 to spoil full year's sales showConsumer electronics and smartphone sales in India experienced a significant slowdown in the March quarter. This trend impacted the overall...01 Apr, 2026, 12.47 AM IST
- Plastic price surge hits MSMEs, disrupts supply chains for FMCG and footwear firmsPlastic processing units in Kerala are halting operations due to rising raw material costs and capital shortages, impacting FMCG, footwear,...17 Mar, 2026, 10.43 AM IST
- Arvind Fashions reports 25% growth in footwear as GST reduction boosts consumer demandArvind Fashions' CEO Amisha Jain reported a settlement in BIS certification disruptions, leading to over 25% year-on-year growth in the foo...04 Nov, 2025, 08.03 PM IST
- GST rate cuts lower apparel and footwear prices but retailers trim discountsApparel and footwear brands will pass on GST benefits to consumers. Prices will drop for items under ₹2,500. Discounts from retailers' marg...20 Sep, 2025, 06.52 PM IST
- GST reforms most positive for footwear, quick restros, FMCG, grocery retailers: ReportBernstein reports that GST rate cuts will likely boost India's consumption. Footwear, QSRs, FMCG, and grocery retailers may benefit. Person...06 Sep, 2025, 01.47 PM IST
- Amber Enterprises, Trent among key winners of GST-driven demand upswingIndia's retail sector anticipates a consumption boost. The GST Council's tax slab rationalization aims to reduce prices on many goods. Appa...06 Sep, 2025, 01.11 PM IST
- Bata begins giving GST rationalisation benefits to customersBata India has launched its "Bata Price Promise" initiative, proactively implementing the GST rate cut on footwear priced below Rs 1,000 be...04 Sep, 2025, 05.26 PM IST
- Footwear stocks rise up to 7% as GST slashed to 5% on pairs below Rs 2,500Footwear company stocks surged following the GST Council's decision to reduce the GST rate on shoes priced up to Rs 2,500 from 12% to 5%. T...04 Sep, 2025, 10.35 AM IST
- India's FY23 footwear industry growth expected between 8-to-10%According to ICRA, the financial position of large, listed footwear players is expected to remain strong with healthy on-balance sheet liqu...05 Mar, 2022, 12.57 PM IST
- Consumption stocks are likely to gain from GST rate cutOf the 50-odd items that are under 28% tax slab, 19 will see a cut in taxes. Tax rates on select items from other slabs of 18% and 12% have...30 Jul, 2018, 06.30 AM IST
- Investors cheer retailers facing lower tax ratesShares of companies like Relaxo, Bata gained 4.31% and 0.94%, respectively.06 Jun, 2017, 08.51 AM IST
- Budget 2015: Footwear stocks surge up to 10 per cent on excise duty reliefExcise duty on footwear with leather uppers and having retail price of more than Rs 1,000 per pair has been reduced to 6 per cent.28 Feb, 2015, 03.14 PM IST
- Budget 2015: Sub-Rs 1,000 leather shoes to be 2-3% cheaperThe lower price points will be mainly for ladies and kids shoes, because mainly these are priced under Rs 1,000, say shoe manufacturers.28 Feb, 2015, 01.30 PM IST
- Budget 2014: Footwear to become cheaper, says Punjab's industryThe actual benefit of reduction in excise duty on the footwear price of Rs 1,000 could be in the range of Rs 35 per pair.10 Jul, 2014, 07.37 PM IST
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