Japan’s Asics to Boost India Sportswear Production to 40%

Japanese sportswear giant Asics will ramp up India manufacturing to 40 percent from 30 percent over the next few years to ensure steady supply, a top executive told Reuters, as the country’s regulations force global brands to pause imports of footwear.

The Indian government has mandated certain standards for various footwear segments, requiring both domestic and foreign manufacturers to obtain quality certifications.

Asics, which has also paused imports, said bringing in footwear from any…