In India, the footwear business is the most important segment because it helps the entire leather industry in India. In the manufacturing of footwear, India is the second largest footwear producer after China.
In India, The Majority of people wear shoes for their fashion, to maintain their social class, and as well as for comfort which is the reason the importance of getting good shoes is highly considered.
According to a report on the footwear market is expected to grow from ₹920 to ₹950 billion in revenue in 2023 .it's growing at a CAGR of 14% to 18%.
Nike, Bata and Woodland have strong bases in the footwear Industry in India besides them, many other companies have also tried to make their position in the footwear Industry with their best products.
Here in this article, we discuss the list of the top 10 shoe brands in India in 2023
List of Top 10 Shoe Brands in India 2023
Here is the list of the top 10 shoe brands in India in 2023.
1. Nike
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Nike is a world-famous American multinational corporation that designs, manufactures, develops and sells footwear, clothes, equipment, accessories and other services around the world.
In 1964, Nike was founded by Phil Knight and Bill Bowerman and its headquarters was in Beaverton, Oregon. Today Nike is the biggest footwear company in the world.
In 2022, Nike has more than 133 outlets in India and 1000 outlets all over the world. Nike's covers category of products includes shoes, jerseys, shorts, cleats, baselayers, etc.
Nike's total revenue was US$46.71 billion (2022) and the brand was estimated to be worth $29.6 billion. It is one of the best sports shoe brands in India.
Founded: 25 January 1964
CEO: John Donahoe
Headquarters: United States
Revenue: 3,740 crores USD
Founders: Phil Knight and Bill Bowerman
2. Bata – Top Shoe Brand in India
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Bata is one of the leading Indian footwear brands founded by Tomáš Baťa on September 21, 1894 and it now has more than 5,012 locations throughout more than 70 countries.
Bata manufactures casual shoes, formal shoes, loafers & moccasins, flip-flops, Sandals, and Floaters and is famous in India for providing their shoes at a reasonable price.
In India Bata has 1388 stores & 32,000 dealers that help to connect millions of Indians. Every year the company sold 19 Million shoes across 70 countries.
Founded: 24 August 1894
CEO: Sandeep Kataria
Headquarters: Switzerland
Revenue: 30.5 billion Indian rupees
Founder: Tomáš Baťa
Owner: Bata family
3. Adidas
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Adidas (Top shoe brand in India) is a world-famous shoe company that designs and manufactures footwear, clothes, and accessories. In 1924 Adolf Dassler founded the company and today it is the second-biggest sportswear producer in the world.
The shoe brand has an important presence in the Indian market and sponsors several well-known sportsmen and teams.
At Present, there are about 456 Adidas stores available in India and 3000 stores worldwide. The company's total revenue is $26.477B and there are about 57,016 employees working for this company.
In terms of market cap Adidas the third-best shoe company in India in 2022.
Founder: Adolf Dassler
CEO: Kasper Rørsted
Founded: 18 August 1949
Headquarters: Germany
Revenue – $26.477B
Number of employees: 57,016
4. Woodland
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Woodland is India's most well-known company that manufactures products like jackets, trekking bags, etc also Woodland is a premium footwear brand.
Woodland is best known for the utmost leather material that goes a long way and that quality also is very high class. It has comfortable and perfectly designed shoes that are worth the money.
Woodland has over 600 exclusive brand outlets across the country and with total revenue of Rs 1200 crore, it is the fourth-best shoe brand in India in 2023.
Industries: Apparel & Fashion
Founded: 1992
Company size: 5001-10,000 employees
Type: Privately Held
Revenue: Rs 1200 crore
5. Puma
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Founded by Rudolf Dassler in 1948, Puma is a German multinational firm based in Herzogenaurach, Bavaria, that designs and makes sports and casual footwear, clothes, and accessories.
Puma also produces expensive shoes and clothes. It has sold its products in over 127 countries as of 2021. Puma has 583 stores in India as of December 09, 2022.
Puma is the third largest sportswear manufacturer in the world, Puma supports several well-known sportsmen, Actors and Groups.
Founder: Rudolf Dassler
CEO: Bjørn Gulden
Founded: 1948
Headquarters: Germany
Revenue: $8.54 Billion
Parent organizations: Artemis S.A, Kering
6. Reebok
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Reebook is well known for its fitness footwear collection and clothing accessories. Reebok is an American company that was established in 1895 and now it is a subsidiary of the German business Adidas, headquartered in Canton, Massachusetts.
In 1995 Reebok (top shoe brands in India) start its 1st outlets in India and today reebok is the fourth-best fitness footwear brand in India in 2023 and also It has a strong presence in the Indian market and supports popular athletes and teams.
Reebok currently has 217 outlets in India and 1490 outlets worldwide. The total revenue of the company is 1.41 billion euros in 2022 and it the best Shoe brand in India in 2023.
Founded: 1958
CEO: Matthew H. O’Toole
Headquarters: United States
Revenue: 1.41 billion euros in 2022
7. Metro
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Metro is one of the best and most well-known shoe brands in India. Metro (top shoe brand in India) was established by Rafique Malik in 1977 and today the company operates from a network of 598 Metro showrooms in 136 cities in India.
The company always works with fashion and footwear products and has many skillfully highly productive workers which helps the company to grow.
In 2022 companies total revenue is 486.31 Cr. Rupees and it is also listed in BSE and NSE which is the reason it is the seventh-best Shoe brand In India in 2023.
CEO: Nissan Joseph
Revenue: $48 Million
Industries: Retail
Type: Public Company
8. Liberty
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Liberty is an Indian footwear company that is famous for there footwear products in India. The company was founded in 1954 and now it makes 50,000 pairs of shoes every day through its 6 manufacturing sites and sells them through 6,000 multi-brand shops and 350 Premium showrooms in 25 countries, including 50 showrooms outside India.
The company has a reputation for being able to create high-quality shoes at a small portion of what their Western competitors charge.
The company's total revenue is US$ 11.98 billion and there are more than 22,000 employees working for this company. The company is listed in the eighth position on our list of top 10 Best shoe brand in India in 2023.
Founded: 1954
CEO: Timothy M. Sweeney
Revenue: 1,198 crores USD
Headquarters: Karnal
Parent organization: Liberty Group
9. Mochi
Mochi (top shoe brands in India) is one of the most well-known and trusted Footwear companies in India. founded in 2000 the company has 150 outlets in 50+ different cities.
The company manufactures Premium shoes, leather shoes and other accessories according to the latest Fashion. There are more than 800 people working for this company.
Founded: 1947
Founder: Malik Tejani
Revenue: $175 million in 2019
Headquarters: Mumbai, India
Type: Private
Industry: Retail, Fashion, E-commerce
10. Fila
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Fila India (best shoe brands in India) is world-famous for its strong and stylish shoes. Fila started in Biella, Italy, in 1911 as a footwear company and today Fila is now available in India in more than 1,200 counters across 350 large format stores.
The total revenue of the company is $3.26 B and there are more than 20,000 people are working for this company.
Founder: Fila brothers
CEO: Yoon Geun-chang
Founded: 1911, Italy
Headquarters: Seoul, South Korea
Parent organization: FILA Holdings
