CLE to set up buyer event in Saudi Arabia
17/01/2012
It has arranged a venue, the Indian consulate in Jeddah, and a date, March 25-26, 2012.
According to the CLE, Saudi Arabia is a prime market in the Middle East region for footwear and leathergoods and represents a good prospect for Indian exporters.
India's export of leather and leather products to Saudi Arabia increased from $10.6 million in 2003-04 to $22 million in 2010-11, the organisation said. Footwear has a share of 53% of this, and leathergoods a share of 35.7%.
India also imports raw hides and skins and leather from Saudi Arabia. The value of these imports increased from $23 million in the year 2003 to $42.1 million in 2008.
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