"Our mission is to create awareness about the specific issues related to the Indian footwear component industry and to provide solutions to the various impediments to all round growth and performance of this important segment of the footwear sector".

At the core of Indian Footwear Components Manufacturers Association's objectives lies its strong emphasis and efforts on product standardization, technology up-gradation, development of export potential with the assistance and support of National Leather Development Program (a United Nations Development Programme assisted program of the Department of Industrial Promotion and Policy, Ministry of Industry, Government of India).

Similarly IFCOMA's Executive Committee coordinates with the other institutions such as Footwear Design and Development Institute of India, Council for Leather Exports, Central Leather Research Institute, Indian Leather Development Program etc. to enhance its contribution to the cause of the footwear components manufacturers.

Sound business principals, concerted efforts to ensure product standardization across the industry and ensuring the highest levels of product quality that meet the international norms is the basis for all the policy activities promoted by IFCOMA on behalf of its members.