Home / Knowledge / News / Leather segment to generate 70% of industrial growth by 2015
Leather segment to generate 70% of industrial growth by 2015
28
Jun '10
Morocco's leather industry mainly comprises of three main activities, footwear, leather-made apparels and goods and tanning & thawing. While the shoe segment is the most important sector of the industry, mainly focusing towards exportation; leather-based apparels and products functionaries are more focussed towards the domestic markets.

Leather industry of the industry has immense potential for exports. Being a significant part of the Emergence Plan, the industry is counted as one of 8 Moroccan global business ventures, which should ideally produce 70 percent of the industrial growth by 2015 to attain three objectives namely, initiate growth, generate strong industrial segment and combine inflow of foreign currencies. It is already part of the National Pact for an Advanced Industry, which is adopted by the government.

Development plan for export chances; adjustment plan for actors with respect to development of export market; plan for hard-line development on the national market; modernisation system for firms functioning within the segment; training program based entirely on the industry and finally improving condition in the industry are the six objectives aimed at creating a positive environment for investment. All these are supposedly to aid the leather and textile industries to improve their respective potentials.

Leather industry has been the conventional industry of Morocco since 1980s and as of today plays a key role in the country's economy.

In 2008, leather industry registered production of about 227.23 million Euros, thereby, getting its share in the net production of transformation industry to 0.8 percent.

The shoe industry is the first segment, contributing 80 percent (65.9 million Dirhams-DH). While leather-based apparels and products contribute about 9 percent (8.8 million DH) and tanning & thawing section is worth about 7.6 million DH

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search