The Council for Leather Exports (CLE) has unveiled an ambitious Vision Document 2030, aiming to elevate India’s leather and footwear industry to a total turnover of $47.1 billion by 2030. This projection includes a domestic market share of $33.4 billion and export revenues of $13.7 billion, marking a substantial increase from the current figures of $12 billion in domestic turnover and $5.3 billion in exports.
Footwear Sector Emphasis: The footwear segment, encompassing both leather and non-leather products, is expected to contribute approximately 50% of the total industry turnover, underscoring its pivotal role in driving growth.
Comprehensive Industry Analysis: The Vision Document provides an in-depth examination of the global industry landscape, current status in India, benchmarking against best practices, market dynamics, and the policy and regulatory environment.
Short, Medium, and Long-Term Strategies: The document outlines actionable recommendations across various timeframes to achieve the 2030 targets, focusing on enhancing production capabilities, export competitiveness, and infrastructure development.
Policy Advocacy: CLE has advocated for formulating a National Policy on Footwear and Leather, aiming for holistic development across the entire supply chain, from raw material procurement to finished products.
