Indian Leather industry aspires to emerge as a Global Frontrunner

Business Headlines

Food, Public Distribution and Textiles Minister Piyush Goyal has said the country’s leather industry should achieve number one position in the world while the country is already second largest leather producer across the globe. Speaking at National Export Excellence Awards presentation held at the Council of Leather Exports, he said he is satisfied with the industry’s aspiration to grow at least to $10 billion by the year 2025.

He suggested that the industry should think of even more ambitious targets. The Minister added that Kolhapuri Chappals alone can achieve the target of $1 billion exports. Goyal appealed the industry to become self-sufficient and it should not wait for the Government to bring out schemes or give subsidised land, etc.

However, he assured the Government is committed to help leather industry in its journey for achieving its goals. It will set up laboratories of BIS standards in proximity to leather clusters. According to Goyal, the industry has been running ahead with high quality products, innovation, and good recognition in export across the world markets.

However, he showed concern that a lot of high quality produce, despite being made in India, is being sold to high mark-ups across the globe through some of these companies’ branding exercises. Also present at the occasion Anupriya Patel, Minister of State for Commerce & Industry assured that the innovative endeavours of Leather Industry will get the requisite support of the Government.

Goyal also gave away awards for 2019-20 and 2020-20 on the occasion.

Leave a Reply

Your email address will not be published. Required fields are marked *