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 Global Scenario: The global import of leather garments declined from US$ 3840.91 million in 2005 to US$ 3367.21 million in 2009. India’s share has increased from 8.68% to 12.73% during the said period. A Statement showing global import of leather Garments, India’s export and share during 2005-09 (Value in Million US$)
Source: ITC, Geneva Major Importing countries of Leather Garments – 6 years (Value in Million US$)
Source: ITC, Geneva Major Exporting countries of Leather Garments – 6 years (Value in Million US$)
Source: ITC, Geneva Indian Scenario: Leather garments form a significant segment of the Leather Industry in India. Leather garments production capacity is estimated to be 16 million pieces annually. India produces different types of leather garments i.e., jackets, long coats, waist coats/shirts, pant/shorts, motorbike jackets, industrial leather garments, leather aprons etc. India is the second largest producer of leather garments, next only to China, which produces 70 million pieces of the total global trade volume of about 120 million pieces. It is a matter of great pride that Indian leather garments have been making giant strides in the world of fashion. National Institute of Fashion Technology and National Institute of Design lends design support to make continuous fashion statements. These Institutes provides well trained personnel and imaginative designers. India’s acknowledged strength is leather tanning and its ability to produce a wide variety of fashion leathers. India’s export of Leather Garments increased from US$ 309.91 mn in 2006-07 to US$ 400.83 million in 2010-11, growing at a CAGR of 6.64%. India’s export of leather garments accounts for a share of 10.43% in India’s total leather trade of US$ 3844.86 million in 2010-11. India’s position as the third largest global supplier of leather garments is only going to strengthen given the availability of quality raw material coupled with skilled craftsmanship. India’s Export of Leather Garments – Major markets – 5 years Major markets for Indian Leather Garments are Germany with a share of 25.75%, USA 5.34%, UK 5.29%, Italy 14.12%, France 13.89%, Spain 10.96%, Netherlands 4.07%, Denmark 4.63%, Canada 1.59%, Belgium 2.04%, UAE 1.04% (Value in Million US$)
Source: DGCI& S Major brands like Pierre Cardin, Tommy Hilfiger, Versace, DKNY, Hugo boss, Liz Claiborne, Ann Taylor, Nautica, Kenneth Cole, Charter Club, Daniel Hector source Leather Garments from India. With modern technology with state-of-the-art machinery installed in the production units, India is come to be recognized as a major producer of quality leather garments in the globe. Leather Garments industry’s accelerated development and growth is being aided by the capacity expansion and modernization efforts of the private industry and the Government of India’s encouraging policy measures. |
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