|
Indian leather exports to retain over 10 percent growth
Thursday February 16, 2012 09:30:04 AM,
IANS
|
|
Kolkata: Stagnant
demand in Europe and weak demand in the US will not hinder leather
exports from India and it is expected to retain growth of over 10
percent next fiscal backed by rising demands in markets like
Africa and Brazil, trade officials said Wednesday.
"With production base stagnating in Europe (following the Eurozone
crisis) and slow demand growth in the US (two of the major
importers), the government is looking at other markets," India
Trade Promotion Organisation (ITPO) executive director Neeraj
Kumar Gupta said.
ITPO is the nodal agency of the Central government for promoting
the country's external trade.
Talking to reporters on the sidelines of the formal announcement
of International Leather Goods Fair (ILGF) during Feb 18 to 20,
Gupta said leather exports from India were expected to retain
growth of over ten percent next fiscal, buoyed by rising demand
from alternate markets in Africa, Brazil and Commonwealth of
Independent States countries.
He said the central government had been taking part in various
overseas fairs to promote the leather sector and increase its
share in the global leather products from the present three
percent.
ILGF, an annual event, is being jointly organised by ITPO, Council
for Leather Exports and the West Bengal government.
Gupta informed that as many as 19 overseas buyers would
participate in the fair.
Export of leather from India was $3.8 billion in 2010-11, Gupta
said, adding it was expected to reach about $4.5 billion at the
end of this fiscal.
|
|
|
|
Home |
Top of the Page |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Top Stories |
|
Phase three UP polls ends peacefully, 57-58
percent turnout
The third round of the Uttar Pradesh assembly elections ended on a
peaceful note Wednesday with an estimated 57-58 percent of the
1.77 crore electorate in 56 constituencies »
31 percent of UP third-phase candidates have criminal cases
Second phase UP polls: 36 percent higher voting than 2007 |
|
|
|
Most Read |
|
 The Car Bomb that Exposed India's Sham Sovereignty
The important thing about the attack on Israeli
diplomat’s car [Number: 109 CD 35; blue number plate with CD
meaning Diplomat
»
Premature
to blame any country: India
|
|
Homosexuality, lesbian relationships unnatural, SC told
The Supreme Court Wednesday was told that homosexuality and
lesbian relationship were unnatural and against the order of
nature as provided under the Section 377 of the Indian Penal Code.
Senior counsel Amarendra Saran told the court
»
Religious disquiet on gay law
|
|
|
|
News Pick |
|
250 rare documents chronicle making of Delhi
In 1911, when King George V announced that the national capital
would move to Delhi from Kolkata, this city shed its tag of a
historical city to become
»
Mughal era archival text to be released |
|
Record 250 mn tonnes food grain production in
2012-13: PM
India's food grain
production could touch a record 250 million tonnes in 2011-12,
exceeding the annual target by five million tonnes, Prime Minister Manmohan
»
24 percent Indian kids go hungry daily: Survey
|
|
Panel of astronomers, Islamic scholars formed to
assess uniform lunar calendar
A conference of experts in Makkah has called for
the formation of a committee of astronomers
»
Possibility of uniform lunar calendar -
Scholars discuss in Makkah
|
|
|
|
Picture of the Day |
|
 |
|
A month-long showcase, "Dawn Upon Delhi: Rise of a Capital", which
opened at the NGMA late Monday evening, has now recreated the
making of the city of Delhi from the Mutiny of 1857 to the present
day with more than 250 rare documents. Part of this collection
above is an artist's view of early 19th century Delhi. |
|
|
|
|
Comments
|
Quick links