The growth in demand for leather is driven by the fashion industry, especially footwear.
• Furniture and interior design industries, as well as the automotive industry also demand leather. The Indian leather industry accounts for around 12.93 per cent of the world’s leather production of hides/skins.
• Total leather good exports from India stood at US$ 3.05 billion during April-October 2018.
• During April-October 2018, the major markets for Indian leather products were US (16.73 per cent), Germany (12.31 per cent), UK (11.41 per cent), Italy (7.48 per cent), and France (5.54 per cent].
• During April-October 2018, exported products include leather footwear component (US$ 196 million), leather garments (US$ 295.06 million), finished leather exports (US$ 466.76 million), leather footwear (US$ 1,293.20 million) and leather goods (US$ 799.47 million).
If you wish to explore the possibilities in this industry, it’s best to engage professionals to do the required studies and assess the viability of the project.
AASC provides Feasibility Studies, Detailed Project Reports & Turnkey Implementation services along with a host of other services to get the business started and run profitably.
