The export of leather, its products and footwear from the country increased to USD 641.72 million in April-May 2021 from USD 146.79 million in the corresponding period last year, the Leather Exports Council (CLE) said on Sunday. .
CLE, the leading trade promotion organization for the leather and leather products industry, also said that this growth trend is expected to continue in the coming months.
Newly elected CLE president Sanjay Leekha said that after a prolonged period of market slowdown caused by the Covid 19 pandemic, which led to a 27.72 percent decline in exports during 2020-21, the sector has made a comeback. on track to growth with outbound shipments showing impressive resurgence during the current fiscal year thus far.
“According to the latest data, the export of leather, leather products and footwear increased from USD 146.79 million in April-May 2020 to USD 641.72 million in April-May 2021. This is a very good start for us. , which we hope to sustain in the coming months, as India is seen as a favorite destination for sourcing and investment, ”he said in a statement.
Leekha, Managing Director of Alpine Apparels Pvt Ltd, Faridabad took over the chairmanship of the council on June 17th.
Emphasizing the importance of digitization, he said that the pandemic has started or rather intensified the digital age.
“With the growing prominence of e-commerce platforms and also virtual exhibitions, we must ensure optimal utilization of the various digital modes available to gain greater market access,” he added.
The president reported that the council has organized 12 virtual buyers and sellers meetings / B2B events during 2020-21 in more than 17 countries and has planned about 20 events including participation in international exhibitions, buyers and sellers meetings and a trade fair. designers.
In addition, CLE plans to organize virtual meetings and webinars in the United States, Israel, Guatemala, and Germany in coordination with interested Indian missions.
In addition, he added that the India Footwear and Accessories Development Program (IFLADP) implemented by the Department of Internal Trade and Industry Promotion (DPIIT) during 2017-21 has played a vital role in the modernization and technological improvement of production and training units. From handwork.
“We have asked the government to continue with this IFLADP scheme, which is under consideration. We already have the inherent strengths of traditional knowledge and a solid base of raw materials, ”he said.
With government support, concerted efforts have been made in recent years to substantially increase our production capabilities and common infrastructure, such as design studios and test laboratories, helping us to become a leading exporter of value-added products. high-quality, he said. .