Chennai, Jan 31 (IANS) India's leather sector is expected to touch $27 billion in five years, officials said here Saturday.
Speaking to reporters, J.S. Deepak additional secretary, Department of Commerce, said the leather sector has been notified as a focus sector in the 'Make in India' programme.
He said the sector is expected to touch $27 billion in the next five years from the current turnover of $12 billion.
According to M. Rafeeque Ahmed, chairman, Council for Leather Exports (CLE), in five years time exports are expected to touch $15 billion from the current level of $5.91 billion.
During the first eight months of the current fiscal the industry shipped out goods worth $4.45 billion up from $3.8 billion logged during the corresponding period of the previous year.
Deepak said the government is looking at ways and means to support the industry to set up effluent plants. It will soon come out with concrete measures.
Speaking about the India International Leather Fair to be held here Feb 1-3, Deepak said 440 companies are participating in the event, up from 385 companies that participated last year.
There is a comforting news amid the continuing increase in the cases of corona virus. There are 3
Documents Leak: Former Journalist Sent to Custody
New Delhi, Feb 23 (IANS) A court in Delhi Monday sent former journalist Santanu Saikia and thre
Farmer Protest: Why doesn't the Modi government accept the demand on MSP? Know what are the reasons
Monday is the fifth day of the demonstration of farmers on the border of Delhi, the capital of In
What is the HIRA model of the BJP government? Which PM Modi mentioned in Tripura
PM Modi Tripura Rally: Prime Minister Narendra Modi on Tuesday announced several schemes in Agart
The coronavirus has started spreading rapidly once again in China. An increase in new cases of th
Sampath J Ram Suicide: Kannada star Sampath J. Ram (Sampath J Ram) died at the age of 35. If medi
Imran Khan again praised PM Modi: Said - he has no property abroad; Khuddar country has told India
Former Prime Minister of Pakistan Imran Khan has once again praised the Prime Minister of India,
Holder has skills to lead Windies: Richard Hadlee
Wellington, March 20 (IANS) Fast bowling great Richard Hadlee has given Jason Holder a ringing
REET 2022: Only a few days are left for the Rajasthan Board of Secondary Education (RBSE) to cond
HDFC investor's plight: 2.6 lakh crore rupees lost in nine days, enthusiasm for merger cooled
There was a lot of excitement among the investors as soon as the news of the merger of HDFC Bank
