India: leather exports up 10.4% in December
India’s leather exports grew by 10.4% to $352 million in December 2010, on a year-on-year basis, due to the rising demand from the US and European markets.
In December 2009, leather exports stood at $319 million, according to the data provided by the Council for Leather Exports (CLE).
“There is a good demand for our products, especially from the US and European markets,” said CLE executive director, Ali Ahmed Khan.
The US and Europe together account for about 80% of the country’s total leather exports.
The council is confident about achieving the export target of $3.75 billion set for the last fiscal.