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Innovative and trendy footwear are being consistently manufactured by leading market players due to advancements in the footwear manufacturing process, technological innovations, and development of new material. North Asia is the biggest manufacturer of footwear in the world, accounting for 70% of the overall production in the industry. In 2014, the global footwear market was valued at approximately USD 208 billion, and is projected to reach USD 258 billion by the year 2023. Worldwide, retail sales of sport shoes was valued at USD 66.8 billion in รองเท้าส้นสูงพร้อมส่ง 2010 and had grown to USD 108.1 billion by the end of 2016. India is globally the second-largest footwear producer after China. India's footwear production accounts for approximately 9% of the global annual production of 22 billion pair as compared to China, which produces over 60% of the global annual production. Key production centres include Kanpur and Agra in Uttar Pradesh, Ranipet, Vaniyambadi and Ambur in Tamil Nadu. The sector is fragmented and close to 75% production comes from the unorganised sector. With the expanding market, the needs of the customers are also fast changing. Rapid urbanization, higher disposable incomes and greater penetration of media has led to these changing fashion needs. People are demanding fresher designs and variations in footwear.
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"It was smoking and a strange liquid was leaking from it," a resident of the small town of San Luis said. Police have since identified the object as an internet balloon developed by X, a company founded by Google, to boost the signal in rural areas. It is not yet clear what caused the balloon to crash. 'From outer space' Tolima police commander Jorge Esguerra denied previous reports on Twitter and local media which had described the object as a satellite. Image copyright Twitter Image caption Some locals assumed the "strange object which fell from the sky" was a satellite "It's a technological device used by Google which moves around and is held aloft by a balloon," he explained, adding that it formed part of X's Project Loon . X, which was formerly known as Google X, is using the devices to extend internet connectivity to people in rural and remote areas by having the balloons, which travel on the edge of space, relay the signal. Media captionProject Loon uses balloons to try to expand internet coverage to remote locations But many people in the rural area near San Luis where it crashed said they were convinced it was something more sinister. "We all thought it was a UFO or the remains of a space craft," locals told El Tiempo newspaper. It is not the first time a Project Loon balloon has crashed. In February 2016, one came down at a tea plantation in Sri Lanka during a test flight. Image copyright Getty Images
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