With excellent resources like raw hides, skins and cheap labour, India can definitely look forward to its appointed place as a leader in the global leather markets, according to Exim Bank study.
Currently, India's share of the world leather exports stands at a mere 3 percent and majority of the products belonged to the footwear category.
Though it served prime export markets like USA, Germany, UK and Spain, however, the study noted that India has to address problem areas like waste management; quality, non-tariff barriers, and 'value for money' products and services to achieve global leadership.
Attracting foreign direct investment, adoption of latest techniques and technologies, quality awareness, know-how and designing capabilities, all should be paid due attention, it surmised.
It further emphasised on product diversification and gaining new fashion perspectives to gain upper hand over competitors in the global marketplace.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
