Indian leather exports to cross US$6 billion in fiscal 2022-23

India
Published:  12 July, 2022
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According to the latest estimates from the Council for Leather Exports (CLE), Indian exports of leather and leather products are expected to cross US$6 billion in the 2022-23 financial year.

CLE Chairman Sanjay Leekha said that changes in global market dynamics caused by the pandemic have created huge export opportunities for the sector.

He said: "The emerging business opportunities coupled with the slew of trade agreements signed and, in the pipeline, and the active support of the government will help in sustaining the export growth in the remaining months of this year.”

Leekha added that the sector is aiming for a target of US$10 billion by 2025-26.

Source: The Economic Times