The leather industry has always had a major impact on the economy of India. It ranks amongst the top foreign exchange earners in the nation. The overall population of cattle and buffalo in India counts to around 20 percent. At the same time, the population count for sheep and goat in the country is around 11 percent. This places India in a dominant position with respect to the availability of the raw material for its export. This is why there is an ever-increasing popularity of leather products export from India to other nations of the world.
The leather industry boasts serving as one of the oldest trades in the country. Currently, India takes pride in its innovative technology and a stronger manpower. India also has access to sustainable and innovative tanning base and state-of-the-art manufacturing units. To top it all, it also receives ample support from the leather auxiliary and chemical industries. The leather industry alone is responsible for generating employment for around 4.42 million people in the nation. Therefore, it is a primary source of employment in rural areas -women employment contributing to around 30 percent of the entire sector.
An Insight into the Leather Industry in India
If you wish to know about leather products export from India, it is imperative for you to understand the profitable leather industry in the country. Currently, the leather industry features core sectors, including:
- Leather accessories
- Leather footwear
- Tanning
- Leather garments
India accounts for around 13 percent of the total production of leather in the world. Moreover, it also serves to be the second-largest consumer and producer of leather footwear. Some of the major states producing leather products in India are:
- Tamil Nadu
- Uttar Pradesh
- West Bengal
- Maharashtra
- Haryana
- Rajasthan
- Madhya Pradesh
- Punjab
What is the Leather Export Trend in India?
India serves to be the second-largest exporter of leather-based garments. Therefore, it stands at the position of the 4th largest exporter of leather products in the world.
Out of the export of leather products from India to different parts of the world, the leather footwear sector accounts for the majority of exports. The overall exports of leather footwear are valued at around $2.05 billion during 2021-2022. The export of finished leather components has been $456 million.
During 2021-2022, India has been successful in the export of total leather products valued at $4.87 billion -a 32 percent rise from the previous year. India exports leather to more than 50 countries of the world, including the UK, the USA, Germany, China, Belgium, Canada, Hong Kong, Australia, and so more.
Conclusion
With the rising popularity of leather products across the world, export of leather items from India will experience an increasing scale in the coming times.