Home / Knowledge / News / Incessant fall in exports of leather & its products
Incessant fall in exports of leather & its products
23
Sep '10
Since the past three consecutive years, export of leather and its products is experiencing a continuous fall as a result of the enhanced business expenditure, wages, utilities, prices of domestic as well as imported chemicals, rate of interest and adverse rupee-dollar exchange rate.

Leather exports from the country recorded a fall of 31.43 percent from 2007-08 as a result of several reasons, between the periods 2007-08 and 2009-10.

The expenditure on business has increased in the country. Wages and utilities have also gone up owing to the increase in the price of leather per square foot by 50-60 percent.

The expenditure on imported chemicals has also increased because of the rise in their prices, mark-up rate and adverse rupee-dollar exchange rate.

Against the rise in costs, the per unit export prices for several products have come down. On the whole, between 2007-08 and 2009-10, raw leather prices came down by 14.92 percent, leather apparels by 15.13 percent and leather gloves by 21.59 percent.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

Gap, Athleta to increase use of sustainable fibres

Gap, one of the world's most iconic apparel and accessories brand and ...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search