Govt Eyes Over $10 Billion In Leather Exports By 2025, To Set Up BIS Labs Near Leather Clusters

Union Minister of Commerce and Industry Piyush Goyal on Wednesday (17 November) said that India’s leather industry should aspire to be the number one in the world, an official release said.

Addressing the National Export Excellence Awards presentation ceremony of the Council for Leather Exports (CLE) here today, he said India already has the second largest leather industry in the world.

“I do feel very, very satisfied that you are aspiring to grow to at least $10 billion by 2025, though this still gives you only a growth rate of about 15-17 per cent. Whereas looking at the potential of all of you,… I think we can look at even more ambitious targets,” Goyal said, adding that the Kolhapuri Chappals alone can achieve $1 billion exports target, the Ministry of Commerce said in a statement.

Goyal appealed the leather industry to be self-sufficient, ‘AatmaNirbhar’, and not wait for the Government to roll out schemes, give land (at subsidised rates), come out with a PLI.

“All of these things, in my humble view, will hold back your progress," he said.

He assured government will help the leather industry achieve the goals by setting up BIS Standards laboratories in close proximity to leather clusters.

“Your industry has been at the forefront of innovation, high quality products, design, good recognition in export, world markets,” said Goyal.

He said India’s leather industry has the “competitive and comparative advantages” when compared to the rest of the world and aim to make ‘Made in India’ brand the hallmark of excellence.

“I think a lot of (high quality) produce does get made in India but is sold to the high mark-ups across the world through the branding exercises of some of these companies," he said.