BackLeather export target set for $7 bn in five years
Leather export target set for $7 bn in five years
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Setting the target export figure of leather products at $7 billion (Rs30,800 crore) by 2011, a leather export body said the proposal for setting up 15 leather parks was likely to be approved soon.
“We have planned to increase the export of leather products from $3 billion to $7 billion," said Mukhtarul Amin, chairman of the Leather Export Parishad.
“In order to achieve the target, all the units of the leather industry will not only have to increase their working capacity, but also provide better service by increasing their efficiency," he added.
Seeking improvement in quality aspects such as “design", Amin said the export of leather garments has decreased because their designs are out of date.
“A proposal has been sent to the government for setting up design studios at Agra and Kanpur to facilitate people associated with the business," he said.
“The cost of each studio likely to be approved soon by the government will be Rs10 crore," he told reporters here.
Terming the current situation as a “golden period" for the leather industry in India, Amin said that the demand for Indian footwear has increased, owing to the increase in anti-dumping duty on China.
“Owing to increase in the rates of food and accommodation, several units in Europe have stopped production and switched over to outsourcing. India can take advantage of this because this industry is labour- oriented," he said.
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