Footwear export declines let Indian leather sector d - leatherbiz: Lea Leatherbiz

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Footwear export declines let Indian leather sector down

20/02/2013
Exports of leather and leathergoods from Indian in the first nine months of the current financial year (April-December 2012) had a value of just over $3.6 billion, a decrease of 1.3% in dollar terms compared to the same period a year earlier.

However, measured in the local currency, the rupee, the value of these exports was 14% higher.

Concentrating on dollar values, the value of exports of finished leather increased by 5.5% to $827 million over the nine-month period. Exports of leathergoods increased in value by 6.3% to $860.8 million.

It was exports of leather footwear, leather garments and footwear components that led to the overall decline, having fallen by 7.5%, 5.1% and 18.9% to $1.2 billion, $420.6 million and $180.6 million respectively.




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