India’s leather footwear exports up by 1% in value - footwearbiz: Lead

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India’s leather footwear exports up by 1% in value

01/05/2019
The Indian leather industry earned export revenue of $4.75 billion in the first ten months of last financial year, April 2018 – January 2019, down by 1.1% on the same months a year earlier.

According to the country’s Council for Leather Exports (CLE), finished leather exports fell in value by 14.2% to $631.25 million, footwear components by 3% to US $272.1 million and leather garments by 8.8% to $413.9 million.

More positively, leather footwear exports rose in value by just under 1% to $1.8 billion, while those of leathergoods were up by 3.7% to almost $1.2 billion. There was also growth for equestrian leather exports, with an increase in value of 4.2%, reaching $133.7 million.

This means that leather footwear contributed almost 38% of all leather-sector export value during the ten-month period.




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