Tariff turmoil leads talks in Chennai
The 38th India International Leather Fair (IILF) concluded on February 3, featuring more than 450 exhibitors, including over 60 from overseas, including four national pavilions representing France, Germany, Italy, and Brazil. This edition also marked the first use of newly constructed halls, showcasing finished leather, machinery, leather goods, equipment, and technology.
Overall, the fair was seen as broadly positive, with discussions focused on India’s recent budget. Industry stakeholders welcomed the government's planned $750 million investment in the leather sector and the removal of the import tariffs on wet blue leather and crust.
Another key topic was the US tariffs on China, Canada and Mexico, with the Council for Leather Exports expressing measured optimism, viewing them as a potential opportunity for India to expand its market presence.
With momentum from IILF, the industry now looks towards APLF for tangible evidence to build on this optimism and further strengthen the global leather industry.
You can read a full report on the show in the February/March issue of World Leather.
