India needs an extra 4 billion square-feet of leather per year
31/01/2014
In an opening address, the chairman of India’s council for Leather Exports, Rajendra Kalan, said the country’s leather sector had achieved growth in value of 17% in the first nine months of the current financial year, April-December 2013, and that he expected 20% growth by the end of the fiscal year in March, with exports reaching a value of $6 billion.
India has a target of reaching $14 billion in the value of its leather exports by 2017 and Mr Jalan said that if this target is to be met, tanners in India will need to produce an additional 4 billion square-feet of leather by that time.
“India produces about 2 billion square-feet of leather a year,” he said, “but that is not enough.”