Top 10 Indian Footwear Brands in 2024
India is a country which recorded 2.56 billion pairs of shoes bought by Indian customers back in 2020. This margin was 4.5% higher than the fiscal year 2015. Unfortunately, during the COVID-19 pandemic, the shoe market did face huge losses, this industry is expected to grow rapidly in the next five years.
In India, there are thousands of footwear brands which offer quality and cheap footwear to different customers. So many Indian footwear brands offer great products as compared to some of the top foreign players in the Indian market. Today, in this article, we will learn about the top Indian footwear brands in 2024.
Sparx
I am pretty sure Indian customers or the youth have heard of this amazing Indian footwear brand. Sparx is a part of Relaxo Footwear which is one of the best Indian shoe manufacturing companies present in India.
Relaxo has been serving the Indian market for the past four decades now. They have many other sub-brands available in India which are doing quite amazingly as of now.
The past three years’ sales of Sparx and Relaxo as a company is quite surprising. Relaxo’s total sales for Financial Year 2023 stood at Rs 28,013 which was 4.6% more as compared to Rs 26,770 as of Financial year 2022.
Unfortunately, the total revenue of Relaxo Footwear stood at Rs 23,819 as of Financial Year 2021 which was down by -1.6% compared to Financial Year 2020.
Sparx is a sub-brand of Relaxo Footwear which is famous for selling casual, sports, formal, riding, and party wear shoes. Even the flip-flops from this sub-brand are just top-notch.
The founders of this brand are Ramesh Kumar Dua and Mukund Lal Dua. Interestingly, the brand ambassador of Sparx is none other than renowned Indian actor Akshay Kumar.
JQR Sports
The unique designs, innovative features, and high-quality materials used by this Indian shoe brand make them stand out. This shoe brand has been in the Indian market since 2013 and has made a very strong presence on all platforms.
Their products are available on almost every top e-commerce website and are sold in every part of our country. Other than that, their products are available at various retail stores and has a very good network chain in India.
Unfortunately, we do not have any data regarding the past yearly sales of JQR Sports but, they have reported that last year they witnessed a surge of 16% in their overall sales. This proves that the footwear company is doing quite amazing in the Indian market.
Just like its name, JQR is famous for manufacturing and selling sports shoes. But, other than that, the casual shoes for both men and women are worth looking. The current board members and directors of JQR Sports are Sunil Kumar Garg and Rinku. Emraan Hashmi has been chosen as the brand ambassador of JQR Sports.
Red Tape
Red Tape is one of the finest footwear and clothing brands for both men and women in the world. After the establishment of this company, this company has become a complete family fashion destination for all age groups.
Today, Red Tape has 570+ retail outlets from which 67% are EBO s and 33% are SIS/MBOs. Their products are also available on various e-commerce website for sale.
As of 2023, Red Tape made a sale of Rs 616.32 crore of sales which was up by 29.75% Y-o-Y. For Financial Year 2022, Red Tape made a revenue of Rs 1,486 crore in the Indian market. Red Tape-manufactured shoes are best for casual occasions.
This brand was founded by Rashid Ahmed Mirza and is playing a crucial role in the success of his footwear and apparel brand.
The total worth of Red Tape is estimated to be Rs 75.85 billion. This amount is expected to increase in the coming few years. Most of the Red Tape stores were inaugurated by Indian actor Salman Khan and he is also the brand ambassador of the brand.
Campus Shoes
This footwear brand belongs to Action Group,which happens to be India’s one of the top business conglomerates. Campus footwear brand is known for its world-class quality, designs, attractive price, and comfortability.
The products of this brand are available in PAN-India level. They have a network of 15,000 geo-tagged multi-brand retail stores, 35+company-owned outlets, and are present on various e-commerce websites.
The total sales of Campus Shoes as of 2023 was Rs 353.76 crore. As of 2022, this brand sold 5.50 million pairs of footwears through online channels.
Campus Shoes, made a revenue of Rs 783.50 crore. This brand is famous for selling casual shoes to the Indian customers. Hari Krishan Agarwal is the successful founder of this footwear brand in India.
Campus shoe brand has a valuation of Rs 6,787 crore as of today. This famous footwear brand has appointed actors Varun Dhawan and Aisha Sharma as its brand ambassador.
Woodland
One of the best and quality footwear brands in India is Woodland. It might have been founded in Quebec, Canada but, it is an Indian brand of outdoor an adventure footwear brand.
Woodland had a single store in India but, that has changed today. They have 600+ exclusive brand outlets across India and their products are available in every e-commerce websites in our country.
This amazing footwear brand had a yearly sales of Rs 1200 crore as of Financial Year 2023. Interestingly, this brand did quite amazingly on its previous year as well, where they made Rs 1000 crore revenue as of Financial Year 2022. As of Financial year 2021, Woodland made a revenue of Rs 700 crore only.
The founder of Woodland is Mr Avatar Singh and is also the Chairman of the company. Woodlands is famous for selling boots, sneakers, corporate casuals, casuals, loafers, and formal shoes. Malaika Vaz is the face of Woodlands shoes in India.
Asian Footwears
It is India’s fastest-growing Indian footwear brand which offers variety of quality shoes at an affordable price tag.
This brand have its headquarters present in New Delhi and is on the mission to fulfill the demands of Indian casual and sportswear shoe-lovers. This footwear brand is available in 10,000+ outlets and is available on every leading e-commerce websites.
As of 2023, the revenue generated by Asian Footwear was between Rs 100-500 crore in India. We are expecting the same amount for its previous Financial Year as well. This brand is known for selling sports and casual shoes to Indian customers.
So, we are guessing that the company’s worth would be very high as compared to its other competitors. This footwear brand was founded by Rajinder Jindal. Interestingly, our favourte former cricketer M.S Dhoni is the brand ambassador of this footwear brand.
Liberty Shoes
Liberty Shoes Limited is one of the oldest shoewear companies in India. This footwear brand have its headquarters present in Karnal, Haryana
They have been in the Indian market since 1954 and one would not believe but, this company manufactures 60,000 pairs of shoes everyday. They are present in almost every part of India and is strongly available in every e-commerce website.
During the Fiscal Year 2023, this footwear brand made more than 6 billion Indian rupees in our country. For Fiscal Year 2022, this amount was 200 million less, and did quite a good amount of sales. The total revenue earned in Fiscal Year 2021, was Rs 458 crores.
This footwear brand is highly known for selling leather shoes at an affordable price tag. They sell lacing shoes, non-lacing shoes, slippers, sandals, slip-ons, casual, and formal. Liberty Shoes was founded by Dharam Pal Gupta, Purshotam Das Gupta, and Rajkumar Bansal.
Today, this company is worth Rs 4.47 billion in our country. The brand ambassadors of this footwear brand are Ayushmann Khuranna and Rakul Preet Singh.
Nivia
Not many of you will know but, Nivia is truly an Indian sports brand which has a mission of shaping the sports in India. It is surely one of the best and ever-growing footwear and sports brand in India. Nivia has been in the Indian market for quite a long time now.
Today, this sportswear footwear brand has more than 1200 outlets in India. The supply chain of this brand is quite strong as compared to its competitors in the market.
According to some reports, the annual reports of Nivia as of 2023 was $145 million. In Financial year, this company made a sale of Rs 208.84 crores. As of 2021, the total revenue generated by this company was quite the similar to as of 2022.
Nivia is known for selling sports shoes in the world. Other than that, the sportswear offered by this brand is worth looking. Nihal Chand Kharabanda is the founder of this amazing brand. Taapsee Pannu is the brand ambassador of this sportswear and footwear brand in India.
Bacca Bucci
This footwear brand in India is on a mission to solve a great problem that our country is facing which is to provide quality, stylish, and comfortable shoes at an affordable price tag.
Bacca Bucci is currently present in Uttar Pradesh, Rajasthan, Jammu and Kashmir, Andhra Pradesh, Delhi, and Maharashtra. Ever since this company was established in the market, they are making strong presence all over our country through various retail stores and from e-commerce website.
This company made a whopping sale of Rs 47 crore for Financial Year 2022-23. On the other hand, they made a sale of Rs 29 crores in Financial Year 2021-22. For the previous year, this company made a sale of Rs 19 crore as of Financial Year 2020-21.
This footwear brand has a largest sale of sneakers, boots, and authleisure shoes in our country. Most of the shoes sold by this brand are of the best quality and very price competitive as compared to some of the international players in our country.
The founders of this amazing footwear brand are Natwar Agrawal and Anuj Nevatia. The company valuation is estimated to be Rs 250 crores.
Off Limits
Off Limits was born in our country to provide excellent sports gear, for both footwear and clothing apparels. We must agree the footwear sold by this brand are just amazing even looking at the price tag.
This brand was created especially for the middle-class and lower middle-class people in our country who could not afford to buy sportswear or footwear.
This brand manufactures and sells 1 million pairs of shoes internationally. They are present in various e-commerce websites and one can shop from their official website as well.
In the past three years, this company has generated huge revenue. Unfortunately, we do not have proper data regarding it but, they are one of the most successful sportswear companies in our country. This brand is famous for selling sportswear footwears to Indian youths.
This brand of company was launched by Gurukirpa Lifestyle Company. The company has grown significantly over the years which has resulted in a great worth of it. We are sure they will continue to achieve huge milestones in the coming future.