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CLE urges Indian govt to extend PLI scheme to leather sector

11 Mar '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

India’s Council for Leather Exports (CLE) recently urged the government to extend the production-linked incentive (PLI) scheme to the sector and consider setting up a leather park to boost manufacturing, export and employment generation. CLE chairman Sanjay Leekha said India's leather and footwear exports stand at $5.5 billion now, and is expected to double by 2025 end.

The market size of the domestic leather and footwear sector will grow from $12 billion to $20 billion by 2025, he said at the Leather Accessories Footwear Conclave and Awards of North India-LAFCAN-2022, a news agency reported.

Minister for micro, small and medium enterprises Narayan Rane said the leather industry has competitive and comparative advantages and also design capabilities.

Fibre2Fashion News Desk (DS)

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