Ambitious export hopes for India
17/07/2013
In the most recent fiscal year (April 2012-March 2013), leather-sector export earnings were around $5 billion, a 3% increase on the previous year. However, CLE executive director, Ramesh Kumar, has said he believes this total could reach $14 billion by the end of the five-year plan the Indian government is currently working to in 2017.
“Our strategy includes doubling our existing 1% share of the US market and exploring new markets such as Russia, Japan and Latin America,” he said.