The Japanese sportswear brand plans to increase local manufacturing for footwear sold in India from 30% currently to 40% over the next few years to ensure a steady supply, Asics India’s managing director, Rajat Khurana, told Reuters. The country’s regulations have forced global brands to pause imports of footwear due to new mandates for various footwear segments, requiring both domestic and foreign manufacturers to obtain quality certifications. Asics, which has also paused imports, ... Log in to view full article.