TRADE WATCH QUARTERLY THEMATIC ANALYSIS: LEATHER AND FOOTWEAR EXPORTS January - March (Q4) FY25

Summary

India faces the challenge of a stagnant global market share (less than 2%) in leather and footwear exports, despite its strengths, primarily due to a focus on leather products while global demand shifts towards non-leather alternatives. The suggested approach involves a multi-faceted strategy including reducing tariffs on inputs, diversifying into non-leather footwear, strengthening MSMEs, promoting sustainability, and improving infrastructure and R&D. These efforts are currently in progress, as the document presents an analysis of the situation and recommendations for future actions rather than reporting on the completion of specific initiatives.

Key Facts

Source Document

https://example-government.gov/policy-document-link