The Indian leather and footwear sector is aiming to reach an export turnover of USD 13.7 billion by 2030 from the turnover of about USD 5 billion during 2021-22″ said Shri Sanjay Leekha, Chairman, Council for Leather Exports.
Shri Sanjay Leekha added “The entire world is now looking at India as a major and reliable supplier of value added products. The leather and footwear sector aims to ensure optimum utilization of the emerging business opportunities and substantially enhance its exports in the coming years. Exports are already showing good growth momentum this year. Export of leather, leather products and footwear have registered substantial growth this year, reaching USD 4.25 billion during April to December 2022 as against USD 3.63 billion during April to November 2021, registering 17.08% growth. With a huge and growing global market, we see very good opportunities for growth in 2023 as well.
Series of events scheduled to be held in Chennai (detailed below) as part of India Leather Week 2023, will augment the growth potential of the industry.
The 36th edition of India International Leather Fair (IILF) will be held at the Chennai Tradi Center from February 1-3, 2023 and will have on display the entire range of products relating to leather industry from raw material to finished products also machinefy chemicals. components etc.