More efficiency required in India
02/02/2010
The chairman of the Indian Council for Leather Exports (CLE), Habib Hussain, has called on companies in the leather sector in India to improve their productivity.
Speaking at the twenty-fifth India International Leather Fair (IILF) in Chennai on February 2, Mr Hussain said: “India and China have almost the same population, but we have around 3% of world trade, while China has maybe 25%. The reason for this is that we are not as productive. Even if we could improve our productivity by 50% it would make an enormous difference to our companies.”
He went on to say that he believed that Indian leather companies were doing well in niche markets, but that for the industry to make a similar impact on the global mass market to the one some of their counterparts in China have had, an improvement in productivity will be necessary.
“Indian leather is doing well in niche markets, but even in those niche markets there is a lot to learn. However, if we want to get into the Wal-Marts and Marks and Spencers of this world, our productivity has to improve.”
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