Home / Knowledge / News / Leather exports recovery in India receives jerks
Leather exports recovery in India receives jerks
Aug '10
Once again the revival process for leather exports has come to a halt, as shipments in June fell year-on-year by 3 percent to Rs 12.66 billion, joined by the weakening euro, which is acting as a wet blanket.

Leather export sector in the country, which is a source of livelihood for over 2.5 million people, accounted for Rs 13.07 billion during June 2009.

Now, though the situation is getting better, but oscillations in the value of currency still remain as a matter of utmost concern for the industry.

Of total leather exported from India, around 60 percent goes to Europe, which for the last financial year came to Rs 161.35 billion.

Since January this year, euro in terms of rupees declined by around nine percent. This downturn of the currency was attributable to the economic slump experienced by some of the European countries like Greece, Spain and Portugal. On similar lines, leather exports too recorded a fall in 2009-10 on account of global crisis.

Nonetheless, on a low base of the previous financial year, shipments did get better during the initial two months of the year. Leather exports, then increased by 29 percent in terms of dollar during April-May. Though, this revival could not sustain for long as exports once again declined in June.

Moreover, where some of the segments including finished leather and leather goods depicted an upward move during June, few others like saddler and harness declined.

Fibre2Fashion News Desk - India

Must ReadView All

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Fashion | On 24th Feb 2017

Suntchi, CFDA partner to give US designers access to China

Suntchi (Shanghai) Brand & Technology Co Ltd, a full-service...

Interviews View All

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


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