Indian leather exports grow in first eight months
15/04/2008
India's exports of leather and leather products for the period April-November 2007, the first eight months of the current fiscal year, stood at US$ 2.2 billion.
The previous year's performance was $1.9 billion, so growth in dollar terms has been 11.3%.
However, the trend in the local currency, the rupee, is downward: exports fell by 1.35%.
Leather footwear exports were up by 18.7% to $696 million and footwear component exports were up by 29.1% to $184 million. Leather garments, a difficult sector all over the world at the moment, also achieved growth, of 8.34% to $234 million. Leathergoods were up by 4.9% to $499 million and saddlery and harness equipment increased by 32.9% to $69.9 million.
The major markets for Indian leather products are Germany with a share of 13.9%, Italy 13.3%, UK 12.2%, USA 9.5%, Hong Kong 8%, Spain 5.8% and France 5.33%.
Share this story:
