Puma India reported an annual revenue of about ** billion Indian rupees in the financial year 2024. The company's revenue more than doubled in comparison to the fiscal year 2021. The German sportswear brand had the highest overall sales than the combined sales of its competitors, Nike, Adidas, and Reebok.Â
Footwear market in India
The Indian footwear sector had a market size of ** billion U.S. dollars in 2022, and it is anticipated to double in the coming years. During 2021, men's footwear dominated the market, followed by women's, with kids' shoes holding a smaller share. However, a shift towards a more balanced market share distribution between men's and women's footwear is expected.
Global outlook
Casting a global footprint, India's footwear industry expanded its global presence in 2023. Notably, France emerged as a prominent destination, with an export value surpassing ** million U.S. dollars. The United States and Germany also stood out, underlining India's international reach. Nonetheless, there is a marked discrepancy, as India's footwear imports substantially outweigh its exports, underscoring a trade imbalance within the industry.
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The Economic Times. (August 21, 2024). Revenue of Puma India from financial year 2021 to 2024 (in billion Indian rupees) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 23, 2026, from /statistics/1406321/puma-india-revenue/
The Economic Times. "Revenue of Puma India from financial year 2021 to 2024 (in billion Indian rupees)." Chart. August 21, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 23, 2026. /statistics/1406321/puma-india-revenue/
The Economic Times. (2024). Revenue of Puma India from financial year 2021 to 2024 (in billion Indian rupees). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 23, 2026. /statistics/1406321/puma-india-revenue/
The Economic Times. "Revenue of Puma India from Financial Year 2021 to 2024 (in Billion Indian Rupees)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Aug 2024, /statistics/1406321/puma-india-revenue/
The Economic Times, Revenue of Puma India from financial year 2021 to 2024 (in billion Indian rupees) ÌÇÐÄÆƽâ°æ, /statistics/1406321/puma-india-revenue/ (last visited July 23, 2026)
Revenue of Puma India from financial year 2021 to 2024 (in billion Indian rupees) [Graph], The Economic Times, August 21, 2024. [Online]. Available: /statistics/1406321/puma-india-revenue/
