The Indian leather industry plays a vital role in the nation’s economic growth, contributing significantly to both the manufacturing sector and exports. As one of the largest producers of leather goods, footwear, and accessories globally, India is a key player in the world leather market. The sector contributes billions to the country’s GDP, with exports accounting for a major share of revenue. In fiscal years, India’s leather exports have been consistently increasing, with the industry poised to continue its growth trajectory, especially with initiatives like the Leather and Footwear Policy 2022, which encourages investment, innovation, and global market expansion.
Beyond its export potential, the leather industry provides substantial employment opportunities, with millions of people working in manufacturing, tanning, design, and logistics. The sector is particularly crucial in regions like Tamil Nadu, Uttar Pradesh, and Karnataka, where it has helped uplift local economies and created vast networks of skilled labor. Moreover, the industry’s focus on sustainable production methods and eco-friendly leather goods aligns with global trends toward green manufacturing, further enhancing its economic impact and positioning India as a leader in sustainable leather production.
The Indian leather sector also contributes to foreign exchange earnings, strengthening the country’s trade balance. Its growing presence in emerging markets such as Asia, Africa, and Latin America has expanded India’s reach beyond traditional markets, making it an essential pillar of the nation’s overall trade strategy. With continuous investment in infrastructure, technology, and training, the Indian leather industry is expected to continue making a significant economic contribution, reinforcing its position as a key driver of economic development and job creation in India.
