39th International India Leather Fair closes in Chennai
The 39th International India Leather Fair has concluded after three days of exhibitions and business meetings in Chennai.
Conversations at the fair were generally more positive than in recent editions. Several participants cited recent developments around prospective free trade agreements as a reason for increased optimism, although it remains unclear whether this will translate into immediate commercial gains. News on the final morning of the reduced USA tariffs, from 50% to 18%, further lifted spirits
Exhibitors’ overall sentiment was nonetheless broadly positive, with many expressing the view that the mood at the event could support wider industry momentum in the coming months.
Subscribers can read a full report on the show in the February/March issue of World Leather.