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    India Footwear Exports Rise Thanks To Leather Sales

    2011/11/16 13:37:00 6

    Footwear Exports Rise Leather Sales

    Despite the difficult market conditions, most export markets like Europe, America and India have witnessed the early 6 months of the financial year.

    Leatherwear

    And leather products increased by 5%.


    The leather export association issued a statement that leather exports increased by 4.87% to $1 million 772 thousand between April and September, compared with $1 million 690 thousand in the same period last year.


    However, in export categories such as clothing,

    footwear

    Leather products had a positive upward trend during this period, while leather products and footwear components declined during this period.


    It is reported that most of the footwear exports benefited from the leather exports of the country, and leather exports increased by 5% during the period, reaching 683 thousand US dollars, compared with 647 thousand US dollars in the same period last year.

    Rise


    Nearly 74% of India leather and leather products are exporting to the European and American markets. Therefore, this unforeseen crisis in the coming months of leather export has raised concerns in these markets.

    In addition, the rupee's depreciation against the US dollar is also true.

    Export volume

    One of the effects.


     
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