The Pakistan leather industry received $7.5 million Foreign Direct Investment (FDI) in the financial year 2010-11 (July-June) compared to $4.8 million in FY2009-10, reflecting a growth of 56.3%, according to a report by the central bank of Pakistan. It said Pakistan had received an investment of $3 million, $3.7 million and $1.7 million in FY2007, FY2008 and FY2009 respectively.

The report added that leather manufactures grew by 17.3% during FY2011. The largest contribution came from exports of leather garments followed by leather gloves. During FY2011, exports of footwear also increased by 16.5%. Among footwear products, the exports of leather footwear increased 26.4%, and that of canvas footwear by 51%.

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