Leather Exports

Luxury leather brand Da Milano seeks to sell stake at Rs 1,500 cr valuation

Da Milano was established in 1989 by Surinder Malik. Set up as a leather product exporting firm, the brand has expanded to sell leather accessories through 79 exclusive stores

Leather exporters seek national policy to attract investments, create jobs

Apex body for leather and footwear exporters CLE has asked the government to formulate a national policy for the sector with a view to attract investments, boost India's shipments and create jobs. In a letter to Niti Aayog CEO BVR Subrahmanyam, Council for Leather Exports (CLE) said that though there are schemes and support measures at central and state levels, there is a need for holistic development of the entire sector through a national policy. The elements of the proposed policy, it said, can include incentives for setting up of manufacturing units, training of workers, support measures for adoption of sustainable technologies and innovative products. "This policy should cover the entire supply chain of the sector, starting from raw materials to finished products, including processing, product development, marketing, supply chain management, and backward integration," the council said. Explaining the importance of the policy, CLE Executive Director R Selvam said that the secto

DPIIT seeks GST rate reduction for certain segments of leather sector

Leather products exporters have also expressed resentment over the hike in the GST from 5 per cent to 12 per cent on finished leather

UP betting big on manufacturing to achieve trillion-dollar economy target

UP is among India's top producers and exporters of toys, leather goods, and textiles in the country

'We can look at over $10-bn leather exports' target by 2025,' says Goyal

Kolhapuri Chappals alone can achieve $1 billion exports target, says Minister of Commerce and Industry

Fuelled by exports, leather units to turn the corner: CRISIL SME Tracker

Leather exports plummeted in the first quarter, following lockdowns and restrictions in importing nations.

Kanpur tanneries start functioning tomorrow amid labour crunch, few orders

Though they have very few orders in hand right now, they are pinning hopes on leather units catering to the defence sector and police for safety shoes

Kanpur tanneries' lockout pulls down finished leather exports by 29%

Uttar Pradesh green watchdog has now allowed the conditional opening of tanneries

Develop clusters in backward, tribal areas: Gadkari to leather industry

On the capital issue, he said cost of capital is high in the country and it is difficult to get finance from the banking system

H&M halts purchase of leather from Brazil due to Amazon wildfires

STOCKHOLM (Reuters) - H&M, the world's second-biggest fashion retailer, said on Thursday it had stopped purchasing leather from Brazil for the time being due to environmental concerns highlighted by Amazon wildfires.

Govt's economic measures will attract investments, boost leather exports

Exports from the sector have declined by 4.90 per cent during AprilJune 2019, primarily due to reduction in exports to Europe, which is the major market, accounting for about 53 per cent of exports

Leather exports body seeks 12% GST reduction on footwear priced above Rs 1k

As the sector holds huge potential both for manufacturing and exports, "we need support from the government," he said

Leather exports may dip by 20% if GST-related issues go unheeded: CLE

Industry would require an additional working capital of Rs 3,200 cr under the new tax regime this year