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Courtesy by Times News Network
Kanpur: Sanjay Leekha, the newly elected chairman of Council for Leather Exports (CLE) on Friday claimed that India is on a growth track in export of leather products and footwear
Outlining the current export and marketing trends and priority areas for leather and leather products and footwear industry Leekha said that as per the latest data, leather, leather products and footwear export had increased from USD 146.79 million in April- May 2020 to USD 641.72 million in April- May 2021, registering a growth of 337.17%. “It is a very good beginning for us which we hope to sustain in the coming months as India is viewed as a favourite sourcing and investment destination”, he said.
He stated that after a prolonged period of market slowdown caused by the Covid 19 pandemic which led to 27.72% decline in export of leather, leather products and footwear during 2020-21 the sector showed impressive resurgence during 2021- 22, Leekha added.
Stressing the importance of digitization, the newly elected vice-chairman said the CLE has organised 12 virtual buyer-seller meets/back-to-back events during 2020-21 in more than 17 countries and has planned about 20 events which include participation in VC/ hybrid international exhibitions, 2 BSMs, 2 reverse BSMs (Delhi and Kolkata) and one designers fair with support under Market Access Initiative Scheme (MAIS) of department of commerce.
Growth through innovation:
“CLE also plans to organise virtual BSMs/ webinars in USA, Israel, Guatemala and Germany in coordination with the Indian Missions on self financing basis” he added.