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Indian leather sector projected to grow 13%

14/02/2006

The Indian government has projected a cumulative average growth rate in the leather industry of 13.47% for the period 2006-2011. Based on the current trends in international trade under the WTO regime, and the Indian industry's potential, the development schemes that have been proposed or are in the pipeline, it is envisaged that India’s total leather exports could reach a target of $5.08 billion by the financial year 2010-2011.

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