India: finished leather exports lead the way

05/10/2010

Indian leather exports grew 16.3% during the first five months of the current financial year (April-August). The country’s leather exports totalled to $1.4 billion compared with $1.2 billion during the corresponding period last year.

The breakdown showed that exports of finished leather rose 35.5% to $314.2 million from $231.8 million, while leather footwear exports rose 16.7% to $515.1 million from $441.4 million. Leather garment exports grew 6.7% to $163.34 million from $153.05 million, leather goods 11.40% to $282.9 million from $254 million, while saddlery and harness exports were up 8.6% to $17.9 million from $16.5.

However, on a negative note, footwear component exports fell 1.9% to $98.8 million from $100.8 million.