India’s leather and footwear industry is on track to achieve a significant milestone, with exports projected to surpass the $6 billion mark in the current fiscal year. This growth is driven by increasing global demand for high-quality leather goods, sustainable footwear, and competitive pricing that positions India as a preferred supplier in international markets.
Key markets, including Europe, the United States, and the Middle East, have contributed to the surge in demand, with India diversifying its export base to include emerging regions in Africa and Latin America. The sector’s growth is further bolstered by government initiatives such as the Leather Development Programme and incentives under the Production Linked Incentive (PLI) scheme, which have encouraged exporters to scale up production and adopt innovative technologies.
The emphasis on sustainability and the adoption of eco-friendly tanning processes have also played a pivotal role in driving export growth, appealing to environmentally conscious consumers worldwide. With strategic partnerships and investments in infrastructure, including mega leather parks and enhanced logistics capabilities, the Indian leather and footwear industry is expected to continue its upward trajectory, contributing significantly to the country’s foreign exchange earnings and reinforcing its global reputation.
Industry experts are optimistic that the sector’s resilience and focus on innovation will sustain this momentum, making the $6 billion milestone a stepping stone toward achieving even greater export targets in the future.
