Indian Leather Industry

Indian Leather Industry The leather perseverance occupies a situation of prominence in the Indian economy in plenty of its massive potential for field of studyplace, reaping and exports. There has been an increasing fierceness on its planned development, aimed at optimum utilisation of operable raw materials for maximising the returns, particularly from exports. The exports of leather and leather products gained impulsion during the past two decades. There has been a phenomenal growth in exports from Rs.320 million in the year 1965-66 to Rs.69558 million in 1996-97. Indian leather industry today has attained intumesce merited recognition in international markets besides occupying a prominent place among the top seven unconnected transform earners of the country. The leather industry has undergone a dramatic transformation from a mere exporter of raw materials in the sixties to that of value added undefiled products in the nineties. Policy initiatives taken by the Government of India since 1973 provoke been instrumental to such a transformation. In the wake of globalization of Indian economy supported with liberalized economic and trade policies since 1991, the industry is poised for further growth to achieve greater piece in the global trade. Apart from a significant foreign exchange earner, leather industry has tremendous potential for employment generation.

Direct and indirect employment of the industry is around 2 million. The skilled and semi-skilled workers constitute nearly 50% of the total work force. The estimated employment in diametrical sectors of leather industry is as follows: Sector Total Employment Flaying, curing & Carcass Recovery 8,00,000 convert & Finishing 1,25,000 Full Shoe 1,75,000 Shoe Uppers 75,000 Chappals & Sandals 4,50,000 Leather Goods & Garments 1,50,000 structure of the industry The leather industry is spread in different segments, namely, tanning & finishing, footwear & footwear components, leather... If you want to get a full essay, order it on our website: Orderessay

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