Leather, footwear exports to reach $6 bn; target set for $14 bn by 2030

Bengaluru, Jan 31 (KNN) In the current fiscal year the exports of Indian leather and footwear sector is expected to touch USD 6 billion, said Sanjay Leekha, Chairman, Council for Leather Exports.

This will happen as against USD 5 billion in the previous year as there is a good growth momentum, he said. 

While announcing the 36th India International Leather Fair to be held in Chennai from February 1 to 3, he said the target is to reach around USD 14 billion exports by 2030.

During April to December, exports of leather, leather products and footwear have registered a ‘substantial’ growth this fiscal, reaching USD 4.25 billion. 

“Buyers are looking at India as a major and reliable supplier of value added products,” he said.

Commenting on the annual international leather fair, Leekha said it would have on display the entire range of products relating to the leather industry.   (KNN Bureau)