ADVANTAGE INDIA..!!
Leather industry occupies a prominent place in the Indian economy in view of its major potential for employment, growth and exports. The industry employs around 2 million people, directly and indirectly. Read on and judge for yourself why India is the preferred nation for leather and leather products.
Manpower :
India offers an abundant supply of cheap labor. In the leather sector there exist a number of well equipped training institutes which work in close collaboration with reputed foreign institutions, imparting education in various facets of leather manufacture and leather products. Add to this, India's traditional stronghold - embroidery, handcrafting etc. - and you get a workforce that is skilled and educated.
Industry Strengths
:
There exists a large raw material base in India. The annual availability of 218 million (in 2000) pieces of hides and skins is the main strength of the industry. Some of the goat/sheep/calf skins found in India are regarded as specialty products commanding a good market. Skills in traditional tanning, finishing and manufacturing of products is the other factor for the comparative advantage for India.
Export Potential :
The leather industry is one of the major foreign exchange earners of the country recording a significant growth since the beginning of the decade. Today the share of value-added finished products in the total exports figure from the leather sector is 80% as compared to 20% in the 1970s. The exports from the leather sector constitute 7% in the country's entire exports. Due to this reason there has been increasing emphasis on its planned development, aimed at optimum utilization of available raw materials for maximizing the returns, particularly from exports.
All these indications from India are quite clear and are an attraction for foreign buyers/manufacturers who intend to increase the returns on their investments.
Other Advantages :
India adheres to WTO standards, therefore there is no
exploitation of labor.
There is no child labor.
Cargo mobility is very smooth as the country has 4 major
sea ports and more than 7 international airports. All major airlines fly daily and major shipping lines depart weekly to destinations around the world.
India boasts of a multilingual society and has English
business language.
Flexibility—Minimum order quantities in India is only
90pcs per color compared to China
Faster Deliveries—Indian exporters are prompt in
their deliveries and send our shipments fast even on
short notice
Variety- unlike China, Indian exporters do not have
a limited variety of leathers and colors. We, in India,
have a huge range of qualities and colors to suit all
buyers, moods and seasons.