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Leather exports up 4 per cent in 2012-13

NEW DELHI: Leather exports grew over 4 per cent to $ 5 billion in 2012-13, despite sluggish demand in western markets like Europe. 

In 2011-12, these exports stood at $ 4.8 billion, according to the data provided by the
Council for Leather Exports (CLE). 

"In 2012-13, leather exports touched $ 5 billion mark on account of increase in demand from the US market in the last quarter of the fiscal," CLE Regional Director (North) 
Sanjay Kumarsaid. 

Besides, he said, exporters are getting good number of orders from emerging markets like China, Japan, Africa and Latin America. 

The major markets for leather and its products are the US, the UK, Germany, Italy, France and Spain. 

The council said, of late, with the slowdown in the European markets, the Indian leather industry is increasingly focusing on newer markets like China, Japan, South Africa and Australia. 

"With the economic slowdown in western markets and China's leather industry facing issues due to rising output costs and labour shortage, India has seen an increase in demand from China and other new markets like Japan, Australia and Saudi Arabia," Kumar said. 

India exports leather items such as finished leather, footwear, leather garment, leather goods and saddlery and harness.