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M. Rafeeque Ahmed - CLE Chairman
The international news site Leatherbiz.com has reported that leather exports from India may touch US$5.2 billion in the fiscal 2012-13, according to Council of Leather Exports (CLE) chairman, M. Rafeeque Ahmed.
“Our exports will see growth and increase further in the current fiscal. Exports will be at US$5.2 billion in this fiscal,” he told media.
India had a substantial presence at the recent APLF show in Hong Kong and such business platforms are key in promoting and expanding India’s leather exports.
India had a substantial presence at the recent APLF show in Hong Kong and such business platforms are key in promoting and expanding India’s leather exports.
Mr. Ahmed added that the council has asked leather exporters to increase their capacities and modernize their units so that the Indian leather sector increases its global competitiveness. He also said that they are planning to increase their international marketing efforts which could further help to boost leather export growth.
He also said: “We have to focus in the other markets like Latin America and Africa as we have done last fiscal. We will continue to focus on those markets in this fiscal as well.”
The major markets for Indian leather products are Germany, with a share of 14.3%, the UK with 12.8%, Italy with 11.5%, the US with 8.7% and Hong Kong with 8.1%.
Exports of leather from India are expected to reach about US$4.8 billion in fiscal 2011-12 and likely to touch US$5.4 billion by 2014.
Exports of leather from India are expected to reach about US$4.8 billion in fiscal 2011-12 and likely to touch US$5.4 billion by 2014.
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