Indian Shoe Federation appoints V Muthukumaran, Global Business Head, Leather Products, TATA International Limited as President at their recently concluded AGM in Chennai. V Muthukumaran takes charge as President from KR Vijayan for the term 2019 – 2021.
V Muthukumaran previously held the role of Vice President during the elections for the term 2017-2019.
Commenting on the appointment, V. Muthukumaran, Global Business Head, Leather Products, TATA International Limited said, “I am extremely excited to take on the new role with Indian Shoe Federation and it gives me an opportunity to shape the future of the Indian Footwear Industry.”
He further added, “India’s export of Footwear in FY19 was US$ 2.36 billion as compared to China and all efforts should be made to raise our exports to the tune of US$ 10 billion in the next few years. With a large work-force available in our country, we must be able to improve our manufacturing by ensuring that we have the right components and we continue to improve the productivity.
He stated that as capacities are full in China and Vietnam, the opportunity is available to India. He went on to caution a solution must be found for optimizing cost of manufacturing and that the Indian Shoe Federation must charter a growth plan to take the industry to the next level.
Started in 1992, the Indian Shoe Federation has many leading manufacturers and exporters of footwear and footwear components from India as its members. The ISF is committed to promoting the growth of the Indian Footwear Industry globally through the adoption of modern, transparent and superior industry practices.