There is an urgent need to increase domestic as well as export markets for leather goods, so said the West Bengal Finance Minister, Mr Asim Dasgupta, at the inaugural ceremony of the 14th Leather Goods International Fair, in Kolkatta.
Exports from the leather goods sector has been registering a steady growth in the last few years, but they have been hit by the global recession caused due to the economic meltdown, he added by saying.
Speaking on the occasion, the President of Indian Leather Products Association, Mr Satyabrata Mukherjee, said, during the last few months there has been a 40 percent drop in leather exports from the country and was likely to dip further.
Around 40 exhibitors are show casing their leather products at the fair like handbags, wallets, portfolios, belts and accessories, which will continue till February 24. Visitors from Spain, Bangladesh, Singapore and Netherlands are expected to visit the fair.
Fibre2fashion News Desk - India
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