The footwear industries lunched in the mid-1970s was the first and core business of Universal Group. Operate under the name of Modern Slipper Industries Pvt. Ltd & Kiran Shoes Manufacturers. Since its inception, the group has established itself as the biggest footwear producing group in Nepal. In 1990, we launched a mid-priced, value for money brand called GOLDSTAR to service more price conscious markets. GOLDSTAR is a robust brand made with genuine materials and modern technology. GOLDSTAR is now sold in all over Nepal & India and gradually it is gaining popularity western countries too. Next off the production line was Hawaii Slippers called HATHI, introduced in early eighties and now widely available throughout the country. This pioneer brand is admired over three decades. Various ranges of EVA sandals and Hawaii slippers made under this brand. "Hathi Balio Ki Hathi Chap Chappal"​ -is a very famous slogan among the users of this brand. Hathi slippers and sandals are recognized throughout the country for its style and durability.

We have always prioritized the R&D of new cutting edge products, technology and customer service to expand the business into a new market. We have formed strong relationships around India and throughout the country with our distributors and their customers who we greatly appreciate and thank them all for their support and loyalty. We have also been fortunate to have received national recognition as a progressive and extremely well managed business through best exporter award and best tax payer in export category. Our success at these awards is an endorsement of the high caliber and quality of Footwear Industries'​ management and staff and their dedication to cutting edge technologies in R&D which enhance the overall well-being, safety and comfort of the company's clients.

Currently more than 3000 people are employing directly in five different operating units in Kathmandu, producing more than 75000 pairs every day.