CLE to set up buyer event in Saudi Arabia

18/01/2012
India’s Council for Leather Exports (CLE) has said it wants to arrange an event to bring together buyers and sellers between its member companies and contacts in Saudi Arabia.

It has arranged a venue, the Indian consulate in Jeddah, and a date, March 25-26, 2012.

According to the CLE, Saudi Arabia is a prime market in the Middle East region for footwear and leathergoods and represents a good prospect for Indian exporters.

India's export of leather and leather products to Saudi Arabia increased from $10.6 million in 2003-04 to $22 million in 2010-11, the organisation said. Footwear has a share of 53% of this, and leathergoods a share of 35.7%.

India also imports raw hides and skins and leather from Saudi Arabia. The value of these imports increased from $23 million in the year 2003 to $42.1 million in 2008.