COUNCIL FOR LEATHER EXPORTS AIMS TO INCREASE
INDIA'S SHARE IN JAPANESE IMPORTS TO 2% BY 2005-06
Council for Leather Exports is aiming at increasing
India’s share in the Japanese imports from present level of 0.34%
to 2% by 2005-06. This amounts to moving from current exports
of US$ 15.32 million to US$ 70 million by 2005. There is enormous
scope for increasing the export of branded leather goods and garments
to Japan as the consumers are keen to procure branded products.
Supply of quality branded products backed with consistent marketing
efforts would go a long way in capturing a substantial market
share in Japan. As a part of export promotion measures, Council
for Leather Exports (CLE) would organise buyer-seller meets in
Osaka and Tokyo from October 21-25, 2002. This was indicated
in a presentation meeting on Indo-Japanese Leather Trade, which
was jointly organised by CLE and National Centre for Trade Information
(NCTI), here today. Shri Sanjay Leekha, Chairman (Northern Region),
CLE; Shri V.K. Srivastava, Vice Chairman, CLE; and Shri S. Audiseshiah,
Executive Director, CLE were present in the meeting along with
representatives of the leather industry. Dr. Shyam S Agarwal,
Executive Director, NCTI made a presentation on the "Export Potentials
of Leather & Leather Products to Japan".
The presentation pointed out that the domestic
production of leather & leather products in Japanese market
is on decrease particularly in view of high production cost and
hence, there is great scope for increasing India’s share in this
untapped market. The Japanese market offers great scope for export
of middle price ranges of shoes, garments and other accessories,
since the higher and lower segment are met by Italy and China
respectively. Japan is the fifth largest importer of leather &
leather products in the world. The share of Japan in the global
import during 2000 was at 6% whereas the share of Japan in India’s
total exports of leather & leather products is 0.68%.