Domestic Leather Exports Record Good Growth This Fiscal

Capital Market 

Industry occupies a prominent place in the industrial map of the country. is the second largest of footwear, 2nd largest exporter of Garments, 5th largest exporter of Goods and 3rd Largest Exporter of Saddlery and Harness items. and are major production and export centres of leather, and footwear. According to membership records of Council for Leather Exports (CLE), contributed a share of 31.35% in total exports of leather, and footwear from the country while contributed 2.28% during 2016-17.

As per information received from Council for Leather Exports (CLE), the based export of leather, and footwear from increased from USD 5.65 billion in 2016-17 to USD 5.74 billion in 2017-18, growing by 1.65%. The exports showed decline of 9.84% and 3.56% in Dollar Terms during 2015-16 and 2016-17 respectively. However, during the current year, exports showed increase of 5.25% in rupee terms as compared to the same period last year.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 27 2018. 12:37 IST