Leather Exports' vision map for 2010-2011 by Council for Leather Exports (CLE) chairman Mukhtarhul Amin.
1. The road map of CLE for increasing the exports from $ 3bn to $ 7bn
Council has developed a prospective plan for increasing exports to US $ 7 Billion by 2010-11. The plan envisages major interventions in the areas like capacity building, increasing the scale of production, diversifying in to non-leather footwear manufacturing, Design improvements to Indian products etc…It is estimated that about Rs.7,300 Crores would be required in the form of investments in the next five to six years.
According to the road map, footwear would continue to be the largest segment of exports constituting about 56% of the total exports and to a value of US $ 4.3 Billion out of the total US $ 7 billion. This would be followed by Leather articles and finished leather. Percentage of Finished leather would decrease from the present 24% to about 18% and the leather articles would increase from 26% to about 28%.
2. Increase in tanning and production capacity to meet the 1 m. footwear
The present tanning capacity of 2 Billion Sq. ft would be doubled to 4 Billion Sq.ft. In the case of footwear, the present capacity of 2, 50,000 pairs a day would increase to 1 million pairs a day. This means an increase of 7, 50,000 pairs a day. This increase comprises of both leather and non-leather footwear. Non-leather footwear would increase in large numbers as compared to the leather footwear. In the case of Leather garment the capacity would be additional 45, 000 pieces a month and in Leather articles, about 6 million pieces would be added every month to the existing capacity.