Goyal: Kolhapuri Chappal Exports Can Hit $1B/Yr After Prada Pact

• Union Commerce Minister Piyush Goyal projects Kolhapuri chappal exports could reach USD 1 billion annually.
• This follows Prada's MoU to create a limited edition, Kolhapuri chappal-inspired sandal collection.
• Prada signed the agreement with Maharashtra government-run corporations LIDCOM and LIDKAR.
• The collaboration aims to celebrate Indian craftsmanship, involving artisans from Maharashtra and Karnataka.
• Prada's Kolhapuri sandal collection is slated for a February 2026 debut.

Why It Matters: This deal could turn Kolhapuri chappals into a USD 1 billion global export.