Looking for the top footwear franchises in India that cost around ₹20 lakh to ₹50 lakh? There are various options available for you in 2027. The footwear market in India is headed towards organised retail, brands, good store formats, and more product offerings. Nowadays, consumers expect more from their footwear purchase than the actual shoes. This provides you with a great business opportunity as a franchise investor. Some examples of such brands include Liberty Shoes, Hush Puppies, RedTape, Action Shoes, SHUTIQ, and SOLES. Nevertheless, not all the footwear franchises will fit you. The main desicition will depend on some factors like your location, customers preference, store, your city and the range of shes you offer.

From this guide you will know investment details of footwear brands, risks and more other related questions have in your mind about footwear franchises in India for 2027.

Quick Answer: Which Footwear Franchises Should You Consider?

If your budget is somewhere around ₹20 lakh to ₹50 lakh, here are 6 brands for your consideration:

The action shoes investment number come from third party website and you have to confirm before invest.

Note : these all are not fixed price for 2027. It could change as per city.

1. Liberty Shoes Franchise

Liberty Shoes can be a good option for investors who want to run a family-focused footwear business.

The brand has more than six decades of experience in the footwear industry. According to its official franchise page, Liberty has 450+ exclusive showrooms, more than 100 distributors, and a presence in 25 countries.

The company currently gives an initial setup estimate of ₹30–40 lakh, including working capital for the initial operating period. Liberty also says the final investment can change based on factors such as store size and whether the property is rented or owned.

Another benefit is you get support from company side. Liberty page lists that they will support the areas of IT, operation, finance and more.

Why consider Liberty?

• Established Indian footwear brand
• Products for the whole family
• Wide product range
• Large showroom network
• Franchise support
• Suitable for different types of cities

Best suited for: Investors targeting families and customers with different footwear needs.

Liberty Shoes FranchiseBazar page

2. Hush Puppies Franchise

Hush Puppies is worth considering if you want to enter the premium comfort footwear market.

A third party page lists Hush Puppies investment range is around ₹30 lakh to ₹50 lakh with space of 1000 sq ft.

This puts the brand within your ₹20–50 lakh budget range.

The main attractive part for franchisor is its market presence.

Why consider Hush Puppies?

• Premium brand positioning
• Focus on comfort
• Male and Female Footwear
• Ideal for high income segments
• A good match for high streets and malls

Perfect for: Urban customers seeking high quality everyday footwear.

Hush Puppies official website

3. RedTape Franchise

RedTape stands out from other brands since it offers a mix of footwear, fashion, and lifestyle retailing.

As per the FY2025-26 annual report by the firm, footwear continues to be the major part of its offerings. In addition, the firm has added more than 100 stores and has plans to expand in South, West, and East India, including Tier 2 and Tier 3 cities.

For FY2026-27, the firm stated that it would like to open up 200-250 stores in India, focusing on South and West India in particular.

RedTape uses both company-owned and franchised stores

. Its annual report says the FOFO model makes up a larger part of its store network.

Why consider RedTape?

• Young and fashion-focused brand
• Footwear and lifestyle products
• Growing store network
• Expansion in Tier 2 and Tier 3 cities
• Strong franchise-led retail model

Best suited for: Investors targeting young and fashion-conscious customers.

Investment: Get the latest store-specific commercial proposal from RedTape before planning your 2027 investment.

RedTape official website

4. Action Shoes Franchise

Action Shoes may well be an ideal franchise for those investors who want a total footwear franchise for the whole family.

As per the official website of Action Shoes, the parent company of Action Shoes is experienced with more than 40 years in manufacturing footwear.

Action Shoes offers a variety of footwear like men’s footwear, women’s footwear, and children’s footwear along with casual, formal, and sports shoes.

Additionally, Action Shoes claims that there are more than 50,000 retail outlets as well as 300 distributors of Action Shoes throughout India.

Currently, the third-party franchise list suggests that the franchise cost is around ₹20-35 lakhs.

Why consider Action Shoes?

• Wide product range
• Family-focused customer base
• Sports and casual footwear
• Indian manufacturing experience
• Suitable for mid-budget franchise plans

Best suited for: Family markets where customers are looking for value.

Action Shoes official website

5. SHUTIQ Franchise

SHUTIQ follows a more premium approach to footwear.

The brand describes its franchise opportunity as a FOFO model and positions itself as a design-focused premium footwear and lifestyle business.

According to its official franchise page, SHUTIQ has more than five years of operations, in-house manufacturing, centralised support, and gross margins of up to 50%.

However, the gross margin must not be considered equivalent to profit.

Your actual profit is determined by various costs, including rent, salary, marketing expenses, electricity bills, stock, taxes, etc.

The SHUTIQ company has many items available at the moment, including men's slippers, loafers, lace-up shoes, women's shoes, sneakers, etc.

Why consider SHUTIQ?

• Premium market positioning
• Design-focused products
• FOFO franchise model
• In-house manufacturing
• Technology-based support
• Premium lifestyle appeal

Best suited for: Investors looking at premium markets and high-street locations.

Investment: Contact SHUTIQ for its latest 2027 investment proposal.

SHUTIQ official franchise page

6. SOLES Franchise

SOLES can be a good option if you are interested in women's fashion footwear.

According to its official franchise page, SOLES currently lists a ₹10–20 lakh dealer investment. The listed dealer model requires around 600–800 sq. ft. of space. The company also mentions malls and high streets as preferred locations.

SOLES is looking to expand across North, South, East, West, and Central India. It mentions states such as West Bengal, Maharashtra, Karnataka, Tamil Nadu, Kerala, and others.

This can make SOLES an interesting option for investors with a ₹20–50 lakh total budget. You may not need to invest your entire budget in the dealership.

Why consider SOLES?

• Fashion-focused footwear
• Strong focus on women's footwear
• Lower listed entry investment
• Suitable for high streets and malls
• Training and field support

Best suited for: Investors who want to focus on women's fashion footwear.

SOLES

How We Compared These Footwear Franchises

We used five simple factors to compare these footwear franchises.

1. Investment fit

We checked whether the available investment information fits within the ₹20–50 lakh budget.

2. Brand positioning

We looked at what each brand mainly offers. This includes family footwear, premium footwear, fashion, comfort, and women's footwear.

3. Franchise structure

We checked the available information about different business models, including franchises, dealerships, FOFO, and other retail formats.

4. Market reach

We looked at information about store networks, expansion plans, and the locations where each brand operates or plans to expand.

5. Information quality

We gave more importance to information available directly from the brands than information from third-party websites.

When official 2027 pricing was not available, we marked the figures as indicative.

This is important because franchise costs can change over time.

How Much Should You Keep Aside Besides the Franchise Investment?

Do not spend your entire ₹20–50 lakh budget on setting up the store.

You should also keep money aside for other business expenses, such as:

• Security deposit
• Rent advance
• Opening stock
• Store interiors
• Staff salaries
• Marketing
• Technology
• Licences
• Utilities
• Working capital
• Emergency expenses

A store may be ready to open on the first day, but it can still take several months to reach stable sales.

That is why working capital is important. It gives your business enough time to build sales and grow.

What Makes a Good Footwear Franchise Location?

The right location can have a major impact on the success of a footwear store.

When choosing a location, look for:

• Good daily footfall
• High visibility
• Easy access
• Parking facilities
• Nearby residential areas
• Popular shopping areas
• Colleges or offices nearby
• Suitable local income levels

Don’t choose your place only based on how cheap the rent is.

A shop with low rent and low footfall can become costly for you. A good location shop with relatively high rent can generate more sales than a poorly located low rent shop.

Is 2027 a Good Time to Open a Footwear Franchise in India?

There are some positives in the Indian footwear market at present.

As per the last annual report of RedTape, there are many positives such as organized retailing, digitization, branding, and increased consumer spending in Tier 2 & Tier 3 cities.

Its FY2025–26 annual report also indicates that its revenue growth came from strong domestic demand, expansion of its stores, Tier 2 & Tier 3 markets, and digital means.

But this doesn’t imply that all the footwear shops will succeed.

The market offers many opportunities but success depends on brand, location, consumers, costs, and business management.

The best opportunity lies in selecting right brand for your specific market.

Read : Top Sports & Athletic Footwear Franchise Opportunities in India

Final Conclusion

If you are looking for a footwear franchise which offers its customers family footwear, you should consider Liberty Shoes and Action Shoes.

If you have a need for the premium comfort footwear in the market where you are going to open your franchise store, you may want to try Hush Puppies.

If fashion and lifestyle retail interests you, study RedTape.

If you desire high-quality and fashionable footwear, you can try SHUTIQ.

If you need a footwear franchise for women’s fashion footwear, SOLES will be good for comparison.

The right choice is not necessarily finding an answer to the following question “Which brand is number one?”

Your question should be “Which brand will fit my city, my clients, budget, and my location?”

FAQs

1. What is the most profitable footwear franchise in India below ₹50 lakh?

Liberty Shoes, Hush Puppies, RedTape, Action Shoes, SHUTIQ, and SOLES are some options worth investigating either below or near this investment budget range.

2. Is it possible to set up a footwear franchise with ₹20 lakh?

Yes, there might be franchise and dealership formats that will work out in a budget of about ₹20 lakh. But you will need additional money for working capital as well.

3. Which is the best footwear franchise in a Tier 2 market?

Liberty Shoes and Action Shoes will be great options to consider for family-friendly Tier 2 cities. Yet the actual customer demand should influence your decision.

4. What is the investment required to set up a Liberty Shoes franchise?

According to Liberty, the estimated investment is now around ₹30-40 lakh, taking into account working capital at startup.

5. How expensive is the Hush Puppies franchise in India?

The recent data available indicates that the cost of Hush Puppies in India stands at roughly ₹30–50 lakh, and the size of the outlet is about 500–1,200 sq. ft.

6. Should one consider RedTape for a footwear franchise?

Yes, if you are interested in having a fashion and lifestyle retail franchise, where footwear forms the core category, then RedTape can be considered. They also have an expanding retail franchise chain.

7. How much does an Action Shoes franchise cost?

Based on recent third party sources, the investment cost for the Action Shoes franchise is ₹20-35 lakh. However, you must contact Action Shoes directly to confirm the exact investment cost.

8.Do SHUTIQ offer any footwear franchise opportunity?

Yes, the SHUTIQ offers a footwear franchise under their FOFO model.

9. How much does a SOLES dealership cost?

SOLES currently lists a ₹10–20 lakh dealer investment and a 600–800 sq. ft. space requirement for its listed dealer model.

SOLES official franchise page

10. Are footwear franchises profitable in India?

Footwear franchises may generate profit, but no profits are assured.

The success of the business will depend on several things including location, rental cost, customer demand, inventory, pricing, payroll, and other expenses.

Written By: Gouri Ghosh, Franchisebazar Editorial Team — Updated October 2026

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.