As an export-driven industry, the Indian leather sector has been hit hard by the strong and continued appreciation of the rupee, and is now pinning its hopes on the soon-to-be-announced central budget 2008/09 (April 2008 – March 2009), the Union Budget 2008/09, the Annual Supplement 2008/09 and the Foreign Trade Policy 2004-09 to offer some relief, having submitted a detailed proposal seeking duty concessions and procedural simplifications.

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