Budget 2025: Focus product scheme for leather sector to boost exports by Rs 1.1 lakh cr, says CLE
Council for Leather Exports (CLE) said the scheme will support design capacity, component manufacturing, and machinery required for the production of non-leather quality footwear.
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«The scheme will support thrust areas like design capacity, component manufacturing, and machinery required for production of footwear and products,» CLE Chairman Rajendra Kumar Jalan said, adding that the scheme is expected to facilitate employment for 22 lakh people, generate turnover of Rs Rs 4 lakh crore and exports of over Rs 1.1 lakh crore.
He added that it will also enhance production and productivity by attracting investments and will strengthen the component and machinery ecosystem of the sector.
CLE Executive Director R Selvam said the proposal to remove 20 per cent export duty on crust leather and 10 per cent import duty on wet blue leather will strengthen the tanning industry and will significantly promote exports of value-added products from the country.
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