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Buyer-Seller Meet in New York - October 16 & 17, 2012 - Revised Dates
No.07/MRU/USAProgramme /2012 August 8, 2012
To
All Member Exporters of Leather Garments, Leather Goods & Accessories & Gloves
Dear Member,
Sub: Two-Day Buyer-Seller Meet in New York, USA – October 16 & 17, 2012 for Leather Garments, Leather Goods & Accessories, Leather Gloves
As you are kindly aware, the USA is the world’s largest market for Leather Garments and Leather Goods & Accessories / Gloves. USA’s import of Leather Garments and Leather Goods & Accessories had touched US$ 3730.14 mn in 2010, accounting for a share of 18.09% in the total global import of US$ 20.618 bn of these two product categories.
India’s export of different categories of Leather Garments and Leather Goods & Accessories to the USA had touched US$ 176 mn in 2010-11, accounting for a share of close to 6%. Hence, there is immense market potential to further enhance India’s export of these two product categories to the US market in the coming years.
A Statement showing USA’s import of Leather Garments & Leather Goods & Accessories vis-à-vis India’s Export and share is given below:
(Value in Million $)
To
All Member Exporters of Leather Garments, Leather Goods & Accessories & Gloves
Dear Member,
Sub: Two-Day Buyer-Seller Meet in New York, USA – October 16 & 17, 2012 for Leather Garments, Leather Goods & Accessories, Leather Gloves
As you are kindly aware, the USA is the world’s largest market for Leather Garments and Leather Goods & Accessories / Gloves. USA’s import of Leather Garments and Leather Goods & Accessories had touched US$ 3730.14 mn in 2010, accounting for a share of 18.09% in the total global import of US$ 20.618 bn of these two product categories.
India’s export of different categories of Leather Garments and Leather Goods & Accessories to the USA had touched US$ 176 mn in 2010-11, accounting for a share of close to 6%. Hence, there is immense market potential to further enhance India’s export of these two product categories to the US market in the coming years.
A Statement showing USA’s import of Leather Garments & Leather Goods & Accessories vis-à-vis India’s Export and share is given below:
(Value in Million $)
| Details | 2006 | 2007 | 2008 | 2009 | 2010 |
| USA’s import of Leather Garments | 983.34 | 853.04 | 641.87 | 437.24 | 483.63 |
| India’s Export to USA | 36.72 | 27.76 | 22.20 | 17.04 | 21.39 |
| % share of India | 3.73% | 3.25% | 3.46% | 3.90% | 4.42% |
| USA’s import of Leather Goods & Accessories | 3262.84 | 3442.41 | 3461.48 | 2720.58 | 3246.51 |
| India’s Export to USA | 128.12 | 123.86 | 155.02 | 137.97 | 154.55 |
| % share of India | 3.93% | 3.60% | 4.48% | 5.07% | 4.76% |
Source: ITC, Geneva / DGCI& S
As you are kindly aware, the Council had been undertaking Focus-US Export promotion programmes since 2002. As a follow-up, the Council organized Buyer-Seller Meets in New York, focusing on Leather Garments and Leather Goods & Accessories during January and October 2010 and October 2011. About 30 Members participated in each of these Events and displayed their latest designs/ product collections. The Buyer-Seller Meet was quite successful in terms of business enquiries and business generation.
In this background, the Council has now planned to organize a Two-Day Buyer-Seller Meet in New York, USA, focusing on Leather Garments and Leather Goods & Accessories during October 16 & 17, 2012. The Buyer-Seller Meet will be organized by the Council in association with the Indian Mission in the USA and by engaging the services of a professional marketing agency.
Since the BSM is funded under MAI assistance of Govt of India, taking into consideration the actual expenditure and MAI assistance, the participation fee for confirming participation in New York BSM has been fixed at Rs.80,000/-
As on date about 26 Members have confirmed their participation in the said event and remitted their participation fees.
In this background, I request all Member Exporters to consider participating in this important Event in USA for exploring the possibilities of enhancing India’s export of leather products.
Interested Members may confirm their participation by sending the filled-in Application Form along with the Participation Fee of Rs.80,000/- through a Cheque/DD drawn in favour of Council for Leather Exports immediately to enable us proceed with other preparatory arrangements for firming-up the Event.
With Regards,
Yours sincerely,
D. Saalai Maraan
Executive Director
As you are kindly aware, the Council had been undertaking Focus-US Export promotion programmes since 2002. As a follow-up, the Council organized Buyer-Seller Meets in New York, focusing on Leather Garments and Leather Goods & Accessories during January and October 2010 and October 2011. About 30 Members participated in each of these Events and displayed their latest designs/ product collections. The Buyer-Seller Meet was quite successful in terms of business enquiries and business generation.
In this background, the Council has now planned to organize a Two-Day Buyer-Seller Meet in New York, USA, focusing on Leather Garments and Leather Goods & Accessories during October 16 & 17, 2012. The Buyer-Seller Meet will be organized by the Council in association with the Indian Mission in the USA and by engaging the services of a professional marketing agency.
Since the BSM is funded under MAI assistance of Govt of India, taking into consideration the actual expenditure and MAI assistance, the participation fee for confirming participation in New York BSM has been fixed at Rs.80,000/-
As on date about 26 Members have confirmed their participation in the said event and remitted their participation fees.
In this background, I request all Member Exporters to consider participating in this important Event in USA for exploring the possibilities of enhancing India’s export of leather products.
Interested Members may confirm their participation by sending the filled-in Application Form along with the Participation Fee of Rs.80,000/- through a Cheque/DD drawn in favour of Council for Leather Exports immediately to enable us proceed with other preparatory arrangements for firming-up the Event.
With Regards,
Yours sincerely,
D. Saalai Maraan
Executive Director