|
Online edition of India's National Newspaper Tuesday, April 24, 2001 |
|
Front Page |
National |
Southern States |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Features |
Classifieds |
Employment |
Index |
Home |
|
Business
| Previous
| Next
Leather exports touch Rs. 7,500 cr. in April-Jan.
KOLKATA, APRIL 22. India, striving to emerge as a leading player
in the global market for leather and leather products, has
registered an export growth of over 28 per cent to Rs. 7,500
crores during April, 2000 to January, 2001.
The exports, which maintained growth during January with an
earning of Rs. 625 crores, are estimated to touch Rs. 9,000
crores for 2000-01, according to Union Commerce Ministry sources
here.
While the U.S. topped the list of major markets with a share of
about 19 per cent of total Indian exports, Germany, the U.K.,
Italy and France were the other prime destinations for the
country's leather and leather goods products, the sources said,
adding the five countries together absorbed 63 per cent of Indian
exports during the period.
Finished leather registered the highest growth of 62 per cent to
Rs. 1,381 crores while leather garments (Rs. 1,796 crores) and
leather goods (Rs. 1,696 crores) clocked maximum export earnings
during the first 10 months. Export of leather footwear, which had
witnessed a marginal growth till December, registered a 33 per
cent growth in January to take the cumulative figure to Rs. 1,421
crores.
The other export items included footwear components (Rs. 908
crores), saddlery and harness (Rs. 166 crores) and rubber,
canvass (Rs. 66 crores), the sources said.
Meanwhile, the centre, in its effort to increase the country's
share in global trade in leather and leather products, has asked
export promotion councils to submit their recommendations on the
sector, they said.
The industry, on the other hand, has sought the Centre's
assistance in form of import duty concession, rationalisation of
labour laws, additional facilities for testing of raw materials,
support to the small scale sector and brand promotion, among
others.
The sources said that the main hurdles for the country, which was
ranked 13th in global trade in leather and leather products, were
low availability of hide and skin and non-compliance of the units
to environmental norms. The primary issues relating to the
leather sector were, therefore, enhancing availability of raw
skin and modernisation of tanneries, they said, adding the Centre
was taking measures to address the issues to ensure a greater
share in the global leather market.
- PTI
Send this article to Friends by E-Mail
|
|
Section : Business Previous : HDFC transfers 26 p.c. stake in AMC to Standard Life Next : Indo Gulf profit up 19 p.c. | |
|
Front Page |
National |
Southern States |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Features |
Classifieds |
Employment |
Index |
Home | |
|
Copyrights © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu |
|