Goyal Hails Prada-Kolhapuri Deal, Eyes $1B Exports

• Piyush Goyal expressed excitement over Prada's collaboration with Indian companies to produce Kolhapuri-style sandals.
• Goyal envisions Kolhapuri chappal exports reaching $1 billion annually due to this global partnership.
• Prada plans to sell limited-edition Kolhapuri chappals for approximately $930 (₹84,000) per pair starting February 2026.
• The luxury brand will produce 2,000 pairs in Maharashtra and Karnataka for global distribution.
• This collaboration follows past criticism of Prada for cultural appropriation regarding Kolhapuri-like designs.

Why It Matters: This deal elevates traditional Indian Kolhapuri chappals to a global luxury brand.