27-08-2014, 12:19 PM
INTRODUCTION INDIAN FOOTWEAR INDUSTRY Indian leather industry is the core strength of the Indian footwear industry. It is the engine of growth for the entire Indian leather industry and India is the second largest global producer of footwear after China.
The Industry- Economic Significance , Indian Leather Industry – 6th largest in the World, is one of the major established manufacturing industries in the modern as well as traditional sector. It is an indigenous industry in which the country is well endowed with an affluence of raw materials, skilled manpower, Innovative technology, increasing industry compliance to international environment standards and the dedicated support of the allied industries. The industry has undergone a structural change during the last three decades, from merely an exporter of raw material in the sixties to that of value added products occupying a place of prominence in the Indian economy in terms of foreign trade, employment generation and growth and is among the top ten foreign exchange earners for the country, gradually parading towards the magic figure of Euro 5.27 Billion3 of exports by 2013-14