Export of leather and leather products for the first eight months of the current financial year i.e. April-November 2013 touched $3.78 billion against as compared to $3.23 billion, in the corresponding period of last year, registering a growth of 17.09%.
According to Council for Leather Exports, in Rupee terms, the export touched Rs 22,661 crore in April-November 2013 as against the last year’s performance of Rs 17,615.13 crore registering a positive growth of 28.64%.
The major markets for Indian Leather & Leather Products are Germany with a share of 12.60%, UK (11.96%), USA (10.51%), Hong Kong (8.82%), Italy (8.77%), France (6.39%), Spain (5.34%), Netherlands (3.79%), China (2.48%), Belgium (1.86%), UAE (2.53%), Australia (1.48%).
According to CLE, these 12 countries together accounts for nearly 76.53% of India’s total leather& leather products export. Most importantly, India’s Export of Leather & Leather Products to the European Union touched $2.9 billion in 2012-13, accounting for a share of close to 60% in India’s total leather export trade of $ 4.99 billion.
Meanwhile, the 29th Edition of the India International Leather Fair (IILF), Chennai will be held from January 31 to February 3, 2014.
The India International Leather Fair-Chennai is organised by the India Trade Promotion Organization (ITPO), along with the Council for Leather Exports (CLE). This year the fair will focus on green technology, machinery & equipment, chemicals, materials & components.
Source:- business-standard.com
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