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Leather exports likely to cross $3 bn - CLE

12 Jan '07
1 min read

According to the statistics available from the Council for Leather Exports (CLE), export of footwear, both leather and non-leather, has made a significant growth in recent times but the export of leather garment has declined.

Exports of leather and leather products have increased by 13.02 percent in rupee terms and 7.42 percent in dollar terms during the first half of 2006-2007.

Exports jumped to Rs 6,844.63 crore ($1490.54 million) during April-September 2006, from Rs 6,056.25 crore ($1387.51 million) in the previous fiscal year.

Leather footwear exports were up to Rs 2,075.85 crore ($452.05 million) from Rs 1656.72 crore ($379.56 million).

CLE expects exports to cross $3 billion mark in 2006-07. The target for 2010-11 is $7 billion.

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