- India is the second largest producer of footwear globally, producing over 2 billion pairs annually. The majority (95%) of India's footwear production is consumed domestically. - Major players in the Indian footwear market include Reebok, Liberty Shoes, Puma, Bata, and Woodland. Reebok has a 54% market share in India while Bata commands around 35% of the overall market. - The budget for 2014 provided benefits to both footwear manufacturers and consumers in India through a reduction in excise duty on branded footwear priced between 500-1000 rupees. This will help boost growth in the retail footwear segment.