With the world trade figure soaring high the global leather and leather products imports has almost doubled to US$ 104 billion in 2005 as against US$ 56 billion in 1992 and out of which footwear alone constitutes 67% of the total leather trade.
Figures also show that US being the largest importer has a highest share of 27%, the leather exporters from India are creating space for Indian leather in US markets and strengthening our trade relations.
With the current trends of footwear manufacturing are declining in Europe and depression in Brazilian industry, the Indian Leather Industry sees an immense potential and growth prospects with new emerging markets in Eastern Europe and Latin America and to cater the same stress is on building capacities, manpower and technology advancement is the main stress.
Council for Leather Exports
marketing@alchempro.com
