Leather footwear fall accounts for disappointing export figures for India

31/10/2012
India’s exports of leather and leathegoods for the first five months of the country’s current financial year (April-August) brought in just over $2 billion, compared to more than $2.1 billion for the same period a year ago. This represents a decline of 4.4%.

A decline of almost 10.3% in the value of leather footwear exports was the main contributing factor, bringing in $700.5 million in April-August 2012. Over the same period, exports of finished leather recorded an increase in value of 6.9% to reach $465.1 million.