Leather exports from
the country may touch USD 5.2 billion in the financial 2012-13 , said the
Council of Leather Exports (CLE), Chairman, M. Rafeeque Ahmed.
"Our extorts will see development and boost
further in the current economic. Exports will be at USD 5.2 billion in this financial,"
he told SME Times.
He added that the council has asked many leather
exporters to raise their capacities and modernize their units so that Indian
leather sector becomes more spirited globally.
Ahmed also said that they are planning to
increase their international marketing hard work which can further help in
boosting leather export development.
The demand in the US and European market are
quite sluggish at the moment but are recovering. Stating that he also added, We
have to focus in the other markets like in the Latin America and Africa as we
have done last financial. We will continue to focus on those markets in this financial
as well."
When asked whether they are planning to focus on
new supplementary markets this year, Ahmed said, "As of now, we are not
planning anything like. But we will continue to focus on the markets that we
did previous year."
The major markets for Indian leather ware are
Germany with a share of 14.34 percent, UK 12.80 percent, Italy 11.52 percent,
USA 8.72 percent, Hong Kong 8.11 percent, France 7.07 percent, Spain 6.31
percent, Netherlands 3.98 percent, Belgium 2.02 percent, U.A.E.1.92 percent,
Australia 1.30 percent.
These 11 countries jointly accounts for nearly
78.09 percent of India’s total leather products export.
Export of leather from India is projected to
reach about USD 4.8 billion in fiscal 2011-12 and likely to touch USD 5.4
billion by 2014.
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