IIIrd BCOM PA

BY TEAM 8

MINI
PROJECT
Comparative study of Indian leather exports
with reference to
China
 INTRODUCTION
The Leather industry in India accounts for around 13% of the world’s leather
production
of hides/skins and handles a robust annual production of about 3 bn sq. ft. of leather.
More than 95% of the production units in the sector are Micro, Small & Medium
Enterprises (MSME) units.

India is the 4th largest exporter of leather goods in the world. India’s exports of leather,
1footwear and leather products touched $5.26 Bn during 2022-23. Footwear (leather and
non-leather) export accounts for about 51% share in Indian leather and footwear
industry’s export (2022-23).

The major production centres for footwear, leather and leather products in India are
located in the States of
1. TamilNadu – Chennai, Ambur, Ranipet, Vaniyambadi, Vellore, Pernambut,
Trichy, Dindigul and Erode;
2. West Bengal – Kolkata;
3. Uttar Pradesh – Kanpur, Agra, Noida, Saharanpur;
4. Maharashtra – Mumbai;
5. Punjab – Jalandhar;
6. Karnataka – Bengaluru;
7. Telangana Hyderabad;
8. Haryana – Ambala, Gurgaon, Panchkula, Karnal and Faridabad;
9. Delhi;
10. Madhya Pradesh – Dewas;
11. Kerala – Kozhikode, Cochin;
12. Rajasthan; Jaipur;
13. Jammu & Kashmir; Srinagar.

The industry is bestowed with an affluence of raw materials as India is endowed with
20% of world cattle & buffalo and 11% of world goat & sheep population. Added to
this
are the strengths of skilled manpower, innovative technology, increasing industry
compliance to international environmental standards, and the dedicated support of the
1
allied industries.

The leather industry is an employment intensive sector, providing job to about 4.42
million people, mostly from the weaker sections of the society. Women employment is
predominant in leather products sector with about 30% share.

India is the second largest exporter of leather garments, third largest exporter of
Saddlery

& Harness

2
METHODOLOGY
India is the 2nd largest producer and consumer of footwear in the world

1) The Leather industry in India accounts for around 13% of the world’sleather
production of hides/skins and handles a robust annual production of about 3 bn sq. ft. of
leather.

2) The industry is known for its consistency in high export earnings and it is among
the top ten foreign exchange earners for the country.

3) India has an abundance of raw materials with access to 21% of world’s cattle
and buffalo and 11% of the world’s goat and sheep population.

4) The Leather industry is an employment intensive industry providing job to more than
4 million people, mostly from the weaker sections of the society. Women employment
is predominant in Leather products industry with about 40% share.

5) The major markets for Indian Leather & Footwear Products are USA, Germany,
U.K, Italy, France, Spain, Netherlands, U.A.E, China, Hong Kong, Belgium, and Poland.

3
% SHARE OF LEATHER & LEATHER PRODUCTS FY 2020-22
Source
– (CLE)

Leather footwear was by far the largest product group exported from India to all over the

world.

It accounts to nearly 40 % of the export share of the selected product group.

Leather Goods takes the second place with over 25 % share.

4
% SHARE OF LEATHER & LEATHER PRODUCTS FY 2020-21
Source –
(CLE)

The major markets for Indian Leather & Leather Products are USA with a share of
17.52%, Germany 13.08%, U.K 8.88%, Italy 6.75%, France 6.67%, Spain 4.18%,
Netherlands 4.22%,
U.A.E 2.17%, China 2.58%, Poland 2.34%, Belgium 2.17% and Australia 2.04%

The Top 12 countries together accounts for nearly 72.15% of India’s total leather &
leather
products export.

5
Value of leather and leather products exported from India from
financial year 2011 to 2023 (in billion Indian rupees)
Source – statista.com

In fiscal year 2023, the value of leather and leather products exported from India amounted
to over 381 billion Indian rupees. This was an increase compared to the previous year's value
of
over 326 billion rupees.

6
SECTOR WISE EXPORT PERFORMANCE OF INDIAN LEATHER

A. Traditional commodity or modern commodity

India's leather industry is divided into several sectors, including footwear, leather
goods, garments, accessories, and finished leather. Here is a breakdown of the sector-wise
export performance of Indian leather:

1. Footwear
The footwear sector is the largest sector in India's leather industry and accounts for
approximately 47% of the total leather exports. In 2020, India exported $3.15 billion worth
of footwear, primarily to countries such as the USA, UK, Germany, France, and Italy.

2. Leather Goods
Leather goods such as handbags, wallets, and belts are the second-largest sector in
India's leather industry, accounting for approximately 28% of total exports. In 2020, India
exported $1.88 billion worth of leather goods, primarily to the USA, Italy, France,
Germany, and the UK.

3. Garments
The garment sector of India's leather industry has been growing in recent years. In 2020,
India exported $225 million worth of leather garments, primarily to the USA, Italy, Germany,
France, and the UK.

4. Accessories
The leather accessories sector includes products such as gloves, hats, and other
leather accessories. In 2020, India exported $212 million worth of leather accessories,
primarily to the USA, Germany, France, Italy, and the UK.

5. Finished Leather
Finished leather is used as raw material in the manufacturing of various leather products.
In 2020, India exported $208 million worth of finished leather, primarily to China, Italy,
Vietnam, Germany, and the USA.

7
B. Different products and sub categories - percentage of exports
1. Tanning Sector
• Annual availability of leathers in India is about 3 billion sq.ft.
• India accounts for 13% of world leather production of leathers.

• Indian leather trends/colors are continuously being selected at

the MODEUROPE Congress.

2. Footwear Sector

• India is Second largest footwear producer after China, with Annual

Production of 2.58 billion pairs (2018).

• India is also the second largest consumer of footwear after China, with
a consumption of 2.60 billion pairs.

• Footwear (leather and non-leather) export accounts for about 51% share
in Indian leather and footwear industry’s export (2022-23).

3. Leather Garments Sector

• India is the second largest global exporter of Leather Garments.
• Accounts for 7% share of India’s total export from leather sector (2022-23).

4. Leather Goods & Accessories Sector including Saddlery & Harness

• India is the fifth largest global exporter of Leather Goods & Accessories
and third largest exporter of Saddlery and Harness items.

• Accounts for 29% share of India’s total export from leather sector (2022-23).

8
EXPORT OF LEATHER, LEATHER PRODUCTS & FOOTWEAR
FROM INDIA
During April-August 2023-24 VIS-À-VIS April-August 2022-23
(Value in Million Rs)
APRIL- APRIL- %
PRODUCT AUG AUG VARIATION % Share % Share
2022-23 2023-24 2022-23 2023-24
FINISHED LEATHER 14810.19 15712.47 6.09% 7.97% 9.15%
LEATHER FOOTWEAR 84326.23 74639.19 - 11.49% 45.36% 43.47%
FOOTWEAR
COMPONENTS 9510.55 10015.09 5.31% 5.12% 5.83%
LEATHER GARMENTS 12575.95 13736.65 9.23% 6.76% 8.00%
LEATHER GOODS 46251.56 42799.12 -7.46% 24.88% 24.93%
SADDLERY AND
HARNESS 8622.94 6503.74 -24.58% 4.64% 3.79%
NON-LEATHER
FOOTWEAR 9824.38 8297.42 - 15.54% 5.28% 4.83%
TOTAL 185921.80 171703.68 -7.65% 100.00% 100.00%

(Value in Million US$)

APRIL- APRIL- %
PRODUCT AUG AUG VARIATION % Share % Share
2022-23 2023-24 2022-23 2023-24
FINISHED LEATHER 189.73 190.89 0.61% 7.98% 9.15%
LEATHER FOOTWEAR 1077.8 906.69 - 15.88% 45.34% 43.47%
FOOTWEAR
COMPONENTS 121.64 121.69 0.04% 5.12% 5.83%
LEATHER GARMENTS 160.58 166.84 3.90% 6.75% 8.00%
LEATHER GOODS 591.66 519.92 - 12.13% 24.89% 24.93%
SADDLERY AND
HARNESS 110.29 79 -28.37% 4.64% 3.79%
NON-LEATHER
FOOTWEAR 125.64 100.82 - 19.75% 5.28% 4.83%
TOTAL 2377.34 2085.85 -12.26% 100.00% 100.00%

9
C. Previous year and current year comparison of Indian Leather

As per officially notified DGCI&S monthly export data, the export of Leather, Leather
products and Footwear for the period April-August 2023-24 touched US$ 2085.85 million
as against the performance of US$ 2377.34 million in April-August 2022-23, recording a
decline of - 12.26%. In rupee terms, the export touched Rs 171703.68 million in April-
August 2023-24
as against Rs. 185921.80 million in April-August 2022-23, registering a decline of-7.65%.

EXPORT OF LEATHER, LEATHER PRODUCTS & FOOTWEAR

FROM INDIA
During April-August 2023-24 VIS-À-VIS April-August 2022-23
(Value in Million Rs)
APRIL- APRIL- %
PRODUCT AUG AUG VARIATION % Share % Share
2022-23 2023-24 2022-23 2023-24
FINISHED LEATHER 14810.19 15712.47 6.09% 7.97% 9.15%
LEATHER FOOTWEAR 84326.23 74639.19 - 11.49% 45.36% 43.47%
FOOTWEAR
COMPONENTS 9510.55 10015.09 5.31% 5.12% 5.83%
LEATHER GARMENTS 12575.95 13736.65 9.23% 6.76% 8.00%
LEATHER GOODS 46251.56 42799.12 -7.46% 24.88% 24.93%
SADDLERY AND
HARNESS 8622.94 6503.74 -24.58% 4.64% 3.79%
NON-LEATHER
FOOTWEAR 9824.38 8297.42 - 15.54% 5.28% 4.83%
TOTAL 185921.80 171703.68 -7.65% 100.00% 100.00%

10
 (VALUE IN MILLION U.S DOLLER)

APRIL- APRIL- %
PRODUCT AUG AUG VARIATION % Share % Share
2022-23 2023-24 2022-23 2023-24
FINISHED LEATHER 189.73 190.89 0.61% 7.98% 9.15%
LEATHER FOOTWEAR 1077.8 906.69 - 15.88% 45.34% 43.47%
FOOTWEAR
COMPONENTS 121.64 121.69 0.04% 5.12% 5.83%
LEATHER GARMENTS 160.58 166.84 3.90% 6.75% 8.00%
LEATHER GOODS 591.66 519.92 - 12.13% 24.89% 24.93%
SADDLERY AND
HARNESS 110.29 79 -28.37% 4.64% 3.79%
NON-LEATHER
FOOTWEAR 125.64 100.82 - 19.75% 5.28% 4.83%
TOTAL 2377.34 2085.85 -12.26% 100.00% 100.00%

11
D. Past 5 years export data

1.ANALYSIS - EXPORT PERFORMANCE OF LEATHER AND

LEATHER PRODUCTS DURING APRIL-AUGUST 2019-20 VIS-À-VIS
APRIL-AUGUST 2018-19.

As per officially notified DGCI&S monthly export data, the export of Leather and Leather
products for the period April-August 2019 touched US $ 2276.39 Mn as against the
performance of US $ 2398.44 Mn in April-August 2018, recording a decline of 5.09%. In
rupee terms, the export touched INR 157845.27 Mn in April-August 2019 as against INR
162714.34 Mn in April-August 2018, registering a decline of 2.99%.

(Value in Million Rs)

CATEGORY APR-AUG APR-AUG % % Share
2018 2019 VARIATION
FINISHED LEATHER 22702.73 16481.47 -27.40% 10.44%
LEATHER FOOTWEAR 66489.06 64980.65 -2.27% 41.17%
FOOTWEAR 9937.53 7986.98 -19.63% 5.06%
COMPONENTS
LEATHER GARMENTS 14670.28 13179.53 -10.16% 8.35%
LEATHER GOODS 37343.72 40520.01 8.51% 25.67%
SADDLERY AND 4622.43 4559.43 -1.36% 2.89%
HARNESS
NON-LEATHER 6948.59 10137.21 45.89% 6.42%
FOOTWEAR
TOTAL 162714.34 157845.27 -2.99% 100.00%

12
2. ANALYSIS – EXPORT PERFORMANCE OF LEATHER AND
LEATHER PRODUCTS DURING APRIL – DECEMBER 2020 VIS-À-
VIS APRIL – DECEMBER 2019.
As per officially notified DGCI&S monthly export data, the export of Leather and Leather
products for the period April-December 2020 touched US $ 2599.97 Mn as against
the performance of US $ 3948.13 Mn in April-December 2019, recording a decline of
34.15%. In rupee terms, the export touched INR 194143.47 Mn in April-December
2020 as
against INR 278056.32 Mn in April-December 2019, registering a decline of 30.18%.

(Value in Million Rs)

CATEGORY APR – DEC 2019 APR – DEC 2020 % % Share
VARIATION

FINISHED LEATHER 29185.73 19665.91 -32.62% 10.13%

LEATHER FOOTWEAR 112099.51 76786.26 -31.50% 39.55%
FOOTWEAR 14198.57 10887.90 -23.32% 5.61%
COMPONENTS
LEATHER GARMENTS 24032.30 17293.10 -28.04% 8.91%
LEATHER GOODS 74532.86 50300.51 -32.51% 25.91%
SADDLERY AND 8138.28 9382.09 15.28% 4.83%
HARNESS
NON-LEATHER 15869.07 9827.69 -38.07% 5.06%
FOOTWEAR
TOTAL 278056.32 194143.47 -30.18% 100.00%

13
3.ANALYSIS – EXPORT PERFORMANCE OF LEATHER AND
LEATHER PRODUCTS DURING APRIL - MARCH 2020-21 vs APRIL
- MARCH 2021-22

As per officially notified DGCI&S monthly export data, the export of Leather and Leather
products including Non-Leather Footwear for the period April-March 2021-22 touched US
$ 4872.70 Mn as against the performance of US $ 3681.58 Mn in April-March 2020-
21, recording growth of 32.35%. In rupee terms, the export touched Rs. 363269.10 Mn in
April- March 2021-22 as against Rs. 272099.11 Mn in April-March 2020-21, registering a
growth
of 33.51%.

(Value in Million Rs)

CATEGORY APRIL- APRIL- % % Share % Share
MARCH MARCH
VARIATI 2020 2021
2020-2021 2021-2022 ON
FINISHED LEATHER 27965.34 33997.24 21.57% 10.28% 9.36%
LEATHER FOOTWEAR 109820.20 152626.42 38.98% 40.36% 42.01%
FOOTWEAR
14627.33 18622.25 27.31% 5.38% 5.13%
COMPONENTS
LEATHER GARMENTS 21858.90 25488.03 16.60% 8.03% 7.02%
LEATHER GOODS 69752.42 95962.23 37.58% 25.63% 26.42%
SADDLERY AND 13744.80 20575.55 49.70% 5.05% 5.66%
HARNESS
NON-LEATHER 14330.12 15997.38 11.63% 5.27% 4.40%
FOOTWEAR
100.00 100.00
TOTAL 272099.11 363269.10 33.51% % %

14
4.ANALYSIS – EXPORT PERFORMANCE OF LEATHER, LEATHER
PRODUCTS & FOOTWEAR DURING APRIL-MARCH 2022-23 vs
APRIL-MARCH 2021-22

As per officially notified DGCI&S monthly export data, the export of Leather, Leather
Products & Footwear for the period April-March 2022-23 touched US $ 5259.53 as
against the performance of US $ 4872.70 Mn in April-March 2021-22, recording growth
of 7.94%. In
rupee terms, the export touched Rs. 421987.58 Mn in April-March 2022-23 as against
Rs.
363269.10 Mn in April-March 2021-22, registering a growth of 16.16%.

(Value in Million Rs)

CATEGORY APR-MAR APR-MAR % % Share % Share
VARIATIO
2021-2022 2022-2023 2021-22` 2022-23
N
FINISHED LEATHER 33997.24 34575.55 1.70% 9.36% 8.19%
LEATHER FOOTWEAR 152626.42 190760.08 24.98% 42.01% 45.21%
FOOTWEAR
18622.25 23289.14 25.06% 5.13% 5.52%
COMPONENTS
LEATHER GARMENTS 25488.03 28336.22 11.17% 7.02% 6.71%
LEATHER GOODS 95962.23 104364.53 8.76% 26.42% 24.73%
SADDLERY AND 20575.55 17783.91 - 13.57% 5.66% 4.21%
HARNESS
NON-LEATHER 15997.38 22878.15 43.01% 4.40% 5.42%
FOOTWEAR
100.00
TOTAL 363269.10 421987.58 16.16% 100.00% %

15
 E. Export data of Indian Leather between different countries

ANALYSIS – COUNTRY WISE EXPORT PERFORMANCE OF

LEATHER, LEATHER PRODUCTS AND
FOOTWEAR DURING APRIL-AUGUST 2023-24 VIS-A-VIS APRIL -
AUGUST 2022-23

Value in US$ Million

TOTAL Share in Share in
APR-AUG APR- % Change
COUNTRY total export total export
AUG
2022-23 2023-24 2023 APR-AUG 2022-23 APR-AUG 2023-24
U.S.A. 598.80 395.81 -33.90% 25.19% 18.98%
GERMANY 258.12 246.72 -4.42% 10.86% 11.83%
U.K. 230.75 177.10 -23.25% 9.71% 8.49%
ITALY 161.53 148.59 -8.01% 6.79% 7.12%
FRANCE 115.57 105.16 -9.01% 4.86% 5.04%
SPAIN 88.18 109.75 24.46% 3.71% 5.26%
U.A.E. 49.66 45.92 -7.53% 2.09% 2.20%
NETHERLANDS 101.62 85.36 - 16.00% 4.27% 4.09%
HONG KONG 26.45 29.30 10.78% 1.11% 1.40%
CHINA 59.09 57.74 -2.28% 2.49% 2.77%
POLAND 35.20 52.62 49.49% 1.48% 2.52%
BELGIUM 58.26 77.89 33.69% 2.45% 3.73%
SOMALIA 19.63 12.87 -34.44% 0.83% 0.62%
VIETNAM 29.53 32.23 9.14% 1.24% 1.55%
AUSTRALIA 36.88 32.90 - 10.79% 1.55% 1.58%
PORTUGAL 32.90 27.24 - 17.20% 1.38% 1.31%
DENMARK 36.12 22.63 -37.35% 1.52% 1.08%
KOREA REP. 19.89 18.58 -6.59% 0.84% 0.89%
JAPAN 34.55 33.89 - 1.91% 1.45% 1.62%
RUSSIA 11.71 28.54 143.72% 0.49% 1.37%
S. AFRICA 14.59 14.86 1.85% 0.61% 0.71%
CHILE 19.01 12.83 -32.51% 0.80% 0.62%
MALAYSIA 12.04 17.53 45.60% 0.51% 0.84%
AUSTRIA 19.46 20.91 7.45% 0.82% 1.00%
CANADA 35.94 24.26 -32.50% 1.51% 1.16%
SWEDEN 12.96 9.90 -23.61% 0.55% 0.47%
NIGERIA 7.38 4.50 -39.02% 0.31% 0.22%
INDONESIA 9.11 10.83 18.88% 0.38% 0.52%
MEXICO 15.32 17.28 12.79% 0.64% 0.83%
SAUDI ARABIA 16.05 19.42 21.00% 0.68% 0.93%
KENYA 3.87 3.77 -2.58% 0.16% 0.18%
SWITZERLAND 12.70 6.65 -47.64% 0.53% 0.32%
SLOVAK REP 9.55 4.80 -49.74% 0.40% 0.23%
HUNGARY 5.48 4.25 -22.45% 0.23% 0.20%
THAILAND 7.41 8.58 15.79% 0.31% 0.41%
BANGLADESH 6.85 8.07 17.81% 0.29% 0.39%

16
FINLAND 6.73 6.00 - 10.85% 0.28% 0.29%
TURKEY 10.65 10.01 -6.01% 0.45% 0.48%
ISRAEL 7.88 7.23 -8.25% 0.33% 0.35%
CAMBODIA 4.07 4.26 4.67% 0.17% 0.20%
CZECH
4.61 5.45 18.22% 0.19% 0.26%
REPUBLIC
GREECE 3.40 5.40 58.82% 0.14% 0.26%
NEW ZEALAND 3.71 2.95 -20.49% 0.16% 0.14%
OMAN 3.28 3.24 - 1.22% 0.14% 0.16%
SRI LANKA DES 2.32 4.14 78.45% 0.10% 0.20%
SINGAPORE 4.81 4.43 -7.90% 0.20% 0.21%
SUDAN 0.85 0.52 -38.82% 0.04% 0.02%
TAIWAN 2.43 2.77 13.99% 0.10% 0.13%
NORWAY 3.26 3.68 12.88% 0.14% 0.18%
DJIBOUTI 0.68 1.32 94.12% 0.03% 0.06%
OTHERS 106.13 95.17 - 10.33% 4.46% 4.56%
TOTAL 2377.34 2085.85 -12.26% 100.00% 100.00%
Source :
DGCI&S

17
 LEATHER EXPORT PERFORMANCE OF INDIA IN COMPARISON

WITH CHINA

India and China are two of the world's biggest exporters of leather products. However, there
are some notable differences between the two countries in terms of their export
performance. Here is a comparative study of India's export performance of leather products
in comparison with China:

1. Market Share
China is currently the world's largest exporter of leather products, accounting for
approximately 22% of the global market share. In contrast, India ranks as the second largest
exporter of leather
products, accounting for almost 10% of the world's market share.

2. Exports Value
In terms of the value of exports, China continues to lead the market with a total of US$5.2
billion in leather exports, while India exported US$1.67 billion in 2019.

3. Products

China is known for its specialization in the production of high-end and luxury leather
products such as shoes, bags, and belts. In contrast, India has a wider range of leather
products, including garments, accessories, and finished leather. India also has a strong
presence in the production
of low-cost leather products.

4. Domestic Consumption

In India, the demand for leather products is largely driven by the domestic market.
India's growing middle-class population is driving demand for leather products, especially
in the footwear sector. In contrast, China has a larger focus on exporting its products to
overseas
markets rather than catering to domestic demand.

18
5.Quality Standards
China is known for producing high-quality leather products, offering consistency in
quality, design, and production. India, on the other hand, is still working towards
improving its
quality standards to meet global expectations.

Overall, while China continues to dominate the global leather market, India offers a more
diversified range of products at cheaper prices. Both countries have their strengths and
weaknesses and offer unique opportunities for businesses looking to export leather products.

BREIF GRAPHICAL REPRESENTATION OF EXPORT

PERFORMANCE OF BOTH NATIONS

19
 EXPORT VALUE OF CHINA FROM 2019 to 2022 BILLION U.S DOLLER
40

35

30

25

20

15

10

0
Category 1 Category 2 Category 3 Category 4

20
COMPARATIVE ANALYSIS OF LEATHER EXPORTS BETWEEN
INDIA AND OTHER ASIAN COUNTRIES

• India hold 4th position in world trade ranking in terms of leather exports. It is one of
the largest employer in India under skilled and semi-skilled category of workers
and also largest foreign exchange earner.

• The study has been taken to figure the current industry scenario and its position vis-
à- vis world trade industry.

• An in-depth study was undertaken to analyse and interpret the current export trend
of Indian leather under various heads and sectors. Data were collected as per sector
wise export to different EU. In light of the trend found from the data an
analysis for preliminary screening was done. Countries like U.K, France import
more of footwear over other countries, while Italy imports finished leathers sheets
only.

• Screening model based on Macro and Micro indicators were taken into account
to screen EU countries for analysis and therefore growth strategies were
suggested keeping the Sectoral trend in mind.

• The Indian Leather, Leather Products and Footwear Industry holds a prominent
place in the Indian economy. This sector is known for its consistency in high export
earnings and it is among the top ten foreign exchange earners for the Country.

• The export of footwear, leather and leather products from India was to the tune of
US $ 3.68 billion during 2020-21.

• The industry is bestowed with an affluence of raw materials as India is endowed

with 20% of world cattle & buffalo and 11% of world goat & sheep population.
Added to this are the strengths of skilled manpower, innovative technology,
increasing industry compliance to international environmental standards, and the
dedicated support of the allied industries.

• The leather industry is an employment intensive sector, providing job to about

4.42 million people, mostly from the weaker sections of the society. Women
employment is predominant in leather products sector with about 30% share.

• India is the second largest exporter of leather garments, third largest exporter of
Saddlery & Harness and 4th largest exporter of Leather Goods in the world.

21
RESULTS AND DISCUSSION

The Government of India had identified the Leather & Footwear Sector as one of the 12
Focus Sectors where India can be a Global Supplier. With the implementation of various
industrial developmental programmes as well as export promotional activities; and keeping
in view the past performance, and industry’s inherent strengths of skilled manpower,
innovative technology, increasing industry compliance to international environmental
standards, and dedicated support of the allied industries, the Indian leather industry aims
to augment the production, thereby enhance export, and resultantly create
additional employment opportunities.

Strengths of Indian leather sector

• Own raw material source – About 3 billion sq ft of leather produced annually

• Some varieties of goat / calf / sheep skins command premium position
• Strong and eco-sustainable tanning base
• Modernized manufacturing units
• Trained / skilled manpower at competitive wage levels
• World-class institutional support for Design & Product Development, HRD and R &
D.
• Presence of support industries like leather chemicals and finishing auxiliaries
• Presence in major markets – Long Europe experience
• Strategic location in the Asian landmass

Emerging strengths
• Design development initiatives by institutions and individuals
• Continuous modernization and technology up-gradation
• Economic size of manufacturing units
• Constant human resource development programme to enhance productivity
• Increasing use of quality components
• Shorter prototype development time
• Delivery compliance
• Growing domestic market for footwear and leather articles

22
 CONCLUSION

Market for leather industry is diverse in nature. Almost all countries require leathers and
leather products. But requirements are different in terms of sector, quality, price etc., among
different countries. Before exporting, we need to analyze the trend prevailing in a specific
country, the type of product required, its quality, its price etc. we also need to study other
environmental factors like physical, political and economic condition prevailing in a
particular country.Indian Leather industry, which is categorized into small-scale industry, is
a labor-intensive industry. The industry needs a lot of skilled technicians who can produce
good quality products together with better and innovative designs.We need to focus our
attention on a particular country specifically and study its market extensively and
exclusively and then devise
strategies accordingly.

23
 BIBLIOGRAPHY

1. https://www.indiantradeportal.in/
2. https://leatherindia.org/
3. https://www.investindia.gov.in/
4. https://www.statista.com/

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