History, asked by narerdramodi1108, 1 year ago

a short note on leather industry in india

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Answered by shubhamsingh8857
3
Leather is one of the most widely traded commodities globally. The growth in demand for leather is driven by the fashion industry, especially footwear. Apart from this, furniture and interior design industries, as well as the automotive industry also demand leather. The leather industry has a place of prominence in the Indian economy due to substantial export earnings and growth.

The Indian leather industry accounts for around 12.93 per cent of the world’s leather production of hides/skins. The country ranks second in terms of footwear and leather garments production in the world and accounts for 9.57 per cent of the world’s footwear production.

Export highlights
India’s leather industry has grown drastically, transforming from a mere raw material supplier to a value-added product exporter.
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