Indian leather exports reach $2 billion
The Indian leather industry has reported positive results for 2004, recording exports of $2 billion and a 10% increase in domestic sales. Footwear saw the largest growth with sales increasing by some 30%. The turnaround in the industry’s fortunes has been largely attributed to government incentives, national and foreign policies, and a development package for the industry. Energised by these results the industry now hopes to double exports by 2010.