India is the second largest producer of footwear and leather garments in the world and accounts for 13% of the world's leather production of hides/skin. An overview of the sector can be accessed from the Achievement report on the link.
Snapshot
World's tannery
The Leather industry in India accounts for around 12.9% of the world’s leather production of hides/skins and handles a robust annual production of about 3 bn sq. ft. of leather. The country accounts for 9% of the world’s footwear production. The industry is known for its consistency in high export earnings and it is among the top ten foreign exchange earners for the country.
India has an abundance of raw materials with access to 20% of world’s cattle and buffalo and 11% of the world’s goat and sheep population.
The Leather industry is an employment intensive industry providing job to more than 4 mn people, mostly from the weaker sections of the society. Women employment is predominant in Leather products industry with about 30% share. The Leather industry in India has one of the youngest workforces with 55% of the workforce below 35 years of age.
The Leather industry has the tendency to generate 250 jobs for every $ 0.2 mn investment.
For further details, please refer FDI Policy
bn
Footwear exports
mn
Leather garments exports
mn
People employed
mn
Finished leather exports
Second largest producer of footwear and leather garments in the world
Second largest exporter of leather garments in the world
Fifth largest exporter of leather goods & accessories in the world
- INDUSTRY SCENARIO
- FOREIGN INVESTMENT
- INDUSTRY TRENDS
- POLICIES & SCHEMES
Industry Scenario
Exports of leather and leather products touched $5.5 bn during 2018-19
Exports are segmented as:
- Footwear export accounts for 49.23% share. Product mix with gents (55%), followed by ladies (35%) and children (10%). With an annual production of 2257 mn pairs, a huge domestic retail market exists with 2021 mn pairs (90%).
- Leather garments industry: Annual production capacity of 16 mn pieces. 9.04% share of India’s total leather export.
- Leather good and accessories industry including saddlery and harness: Accounts for 23.79% share for leather goods and around 2.7% for saddlery and harness. The annual production capacity of 63 mn pieces of leather articles, 52 mn pairs of Industrial gloves and 12.5 mn pieces of harness and saddlery items
- Finished leather stands at 15.2%. Tanning industry accounts for an annual production of about 3 bn sq.ft
Growth Drivers
Raw material availability
3 bn sq ft. of leather produced annually
Youth power
55% of the workforce below the age of 35
Market advantage
The domestic market for fashion accessories to double
High growth potential on exports
Capacity modernization coupled with a favorable investment climate
Favorable government support
Assistance to states for infrastructure development of exports
Investible Projects
Investment Opportunities in
- Projects
9
- Opportunity
$2.54 bn
- Promoters
4
- District
9
- Private Projects
1
- Govt. Projects
8
Major Investors
Data On Map
Stakeholders
pin
Disclaimer: All views and opinions that may be expressed in the posts on this page as well as post emanating from this page are solely of the individual in his/her personal capacity