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Leather & footwear exports up marginally in 2008-09
09
Oct '09
According to data culled from exports of leather and footwear for the fiscal year 2008-09, shipments from the industry climbed by a marginal 1.41 percent, to rise from US $3.54 billion to $3.59 billion, but fell short of its target of $4 billion.

Shipments of footwear increased 5.94 percent to $1.24 billion. Leather garments performed very well to garner growth of 23.4 percent to touch $426.15 million and leather goods rose by 9.1 percent to $873.3 million, when corresponded with fiscal year 2007-08.

10 countries accounted for 75 percent of overall exports from the sector. Germany stood at top with 14.12% followed by Italy 12.82%, UK 11.48%, US 9.98%, Hong Kong 6.61%, Spain 6.09%, France 6.14%, Netherlands 4.1%, UAE 2.38% and Australia 1.55%.

Fibre2fashion - News Desk, India

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