India is known for being one of the largest countries in the world, as well as being a country that is able to manufacture goods on a gigantic scale. But are there any benefits of manufacturing leather goods and accessories in India?
There are multiple benefits to manufacturing leather goods and accessories in India, such as India holding some 20% of the world's cattle, their modern tanning techniques which allow them to produce over 2 billion pairs of shoes a year and their ability to export a large quantity of goods.
This article will discuss the benefits of manufacturing leather goods and accessories in India. So read on! We have everything you need to know about leather goods that are manufactured in India.
What Are The Benefits of Manufacturing Leather Goods And Accessories in India?
The Indian leather industry has many benefits, not only for sourcing leather, but for joint ventures as well as exporting. This is thanks to active efforts by the leather industry as well as the government to make the Indian leather industry one of the largest in the world.
India holds some 20% of the world's total cattle, alongside this it has one of the strongest tanning bases in the world. Traditional methods have been combined with modern techniques which has allowed India to produce around 2.5 billion square feet of leather per year. This accounts for 13% of the world's production.
Below we will list some of the major benefits of manufacturing leather goods and accessories in India.
India's Large Exports
One of the major benefits India has in manufacturing leather goods is that they can produce a large amount of leather items per year. The Indian leather garment industry is the second larger producer in the world, with around 16 million garments being produced each year.
It is also the third largest exporter of leather, sending out some 63 million pieces of crafted leather articles per year, 52 million pairs of gloves and 12 million horse saddles and harnesses. India is ranked as number five on the world's largest leather exporters.
Made In India
India's government is placing a large amount of focus on the Indian leather industry, under their Make In India initiative. A large number of production centres make up the MLC or Mega Leather Clusters, with all required infrastructure being set up.
On top of this they are pushing for joint operations with Vietnamese companies, which can tap the domestic markets as well as help set up key export deals. Thus, all things included, India is emerging as one of the key leather production centres in the world, bringing in jobs, and a boost for local economies.
A List Of The Benefits Of Indian Leather Industry
Indian leather industry is one of the most promising sectors for trade, investment, joint ventures and local jobs, with many benefits including:
A large amount of readily available raw material
Excellent knowledge of tanning, and facilities to tan on a large scale.
Governmental policies promote the leather industry
A large retail space fueled by Indians young population.
The ability to boost the Indian economy thanks to the initiative of the homegrown leather industry.
Schedule an appointment with us to discuss further on how we can help you manufacture Leather Shoes, Sandals, Bags & Accessories in India or send an e-mail to
help@gtdinindia.com
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