According to the Indian Commerce Ministry, the country’s leather industry exports showed signs of promising growth during the first two months of the financial year.

During April-May 2003 total exports were up 1.03% to $299.58 million, compared with the same period in 2002. Of the total, leather footwear exports rose 24.09% to $77.24 million and leather goods increased 1.95% to $66.89 million.

A significant decline in exports was also registered. Finished leather declined 2.59% to $90.78 million and leather garments fell 14.3% to $25.47 million. Footwear components fell 26% to $25.46 million while saddlery exports were down 5.52% to $6.61 million.

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