India concentrates on the development of leather processing industry
Earlier, Indian Leather Export Commissioner Hu mentioned in an interview with reporters that by 2017, the output value of Indian leather exports will reach 14 billion U.S. dollars, and 5 million Indians will be provided with jobs. At present, 2.5 million people are engaged in the leather industry, mainly in the leather processing areas, including Agra, Kanpur, Kolkata, Chennai, Mumbai, Bangalore and Pondicherry. Ramosi, Managing Director of the Indian Leather Export Council. Kumar said that by the end of the 12th Five-Year Plan (2017), we hope that the leather industry exports will reach 14 billion U.S. dollars. Last fiscal year, India’s leather industry exports amounted to US$5 billion, a year-on-year increase of 3%. In answering questions about how to achieve leather export goals, Kumar said that our market share in the US is only 1%, and we plan to double the US market share. In addition, we will also open up new markets in Russia, Japan and Latin America.