ENA Sectors 2025-03-04 15:18:35 <p><span style="font-size:14px"><strong>New Delhi, Mar 4 (KNN)</strong> Footwear giant Bata India has voiced its support for a Production-Linked Incentive (PLI) scheme in the footwear sector, emphasising its potential to boost manufacturing, increase exports, and position India as a key player in global supply chains.</span></p> <p><span style="font-size:14px">Gunjan Shah, Managing Director and CEO of Bata India, highlighted the companys engagement with the government regarding this initiative.</span></p> <p><span style="font-size:14px">We have been engaging with the government on this and are looking forward to a positive announcement. They have also given some initial signs of that in this years Union Budget announcements, Shah stated.</span></p> <p><span style="font-size:14px">The PLI scheme, which has been successfully implemented in sectors like electronics and pharmaceuticals, aims to incentivise domestic manufacturing and attract investments.</span></p> <p><span style="font-size:14px">Industry leaders believe that extending this scheme to the footwear sector will enhance Indias competitiveness, reduce dependence on imports, and create employment opportunities.</span></p> <p><span style="font-size:14px">With a robust domestic market and a growing demand for Made in India products globally, stakeholders see this as the right time to strengthen the supply chain ecosystem.</span></p> <p><span style="font-size:14px">Bata India, along with other players in the footwear industry, is optimistic that government support will pave the way for a more resilient and globally integrated footwear sector.</span></p> <p><span style="font-size:14px">The industry now awaits an official policy announcement that could mark a new chapter for Indian footwear manufacturing.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41273 https://knnindia.co.in/news/newsdetails/sectors/bata-india-backs-pli-scheme-for-footwear-industry 2025-03-04 15:18:35 knnindia.co.in