CLE
Leather, footwear exporters seek PLI scheme in Budget to boost jobs, manufacturing, shipments
The Council for Leather Exports (CLE) urged the government to extend the Production-linked Incentive (PLI) scheme for the leather and footwear sector to boost job creation and manufacturing. At a pre-budget meeting, CLE Chairman Rajendra Kumar Jalan also requested import duty exemptions on wet blue, crust, and finished leather to enhance competitiveness.
ET Make in India SME Regional Summit in Kolkata to look at Bengal’s potential and opportunities to uplift MSMEs
Entering its third city this year, the ET Make in India SME Regional Summit will host brainstorming sessions, networking opportunities and engaging discussions with entrepreneurs and government representatives on developing businesses in the region.
Leather exporters seek national policy to attract investments, create jobs, boost shipments
CLE Executive Director R Selvam said that the sector needs a national policy as it is a labour-intensive sector, which employs about 4.4 million, with over 85 per cent women.
Vive la langue! Speak French, go places
For Indians, French provides yet another passport to growing opportunities in the world - and a conduit for taking bits of India across the world adding to a growing Maha Akhand Bharat. Duolingo's India Report Card 2022 found that French has the highest number of learners in India after English and Hindi. For Macron, growing interest among Indians in French touches on a project close to his heart. Relaunching French as the international language has been one of his prime cultural projects. Mastering French not only opens opportunities for Indians in France but in Belgium, Switzerland, parts of Canada and other Francophonic territories too.
Leather exporters seek fiscal incentives in Budget
The council has also suggested the government to consider permitting the export of all value-added leathers, including crust leathers, freely without any export duty, norms, inspection, testing or certification.
Solidaridad Regional Expertise Centre and Council for Leather Exports sign MoU for upskilling Indian leather sector
The Memorandum of Understanding (MoU), which was signed in Delhi today, will be effective from 1 January 2024 till 31 December 2028. “The MoU initiates a pivotal five-year partnership between SREC, a prominent not-for-profit organization established in the year 2008, and CLE, operating under the Ministry of Commerce and Industry, Government of India,” a media release stated.
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More than 60 Indian firms to showcase leather products at Dubai event to boost exports
India is the second-largest exporter of leather garments, third-largest exporter of saddlery and harnesses and 4th largest exporter of leather goods in the world.
India brings major footwear & leather show to London
On Wednesday, a special curtain-raiser was hosted in London by the High Commission of India in order to showcase India as the second-largest footwear producer and exporter of leather garments.
Not so festive: Why winter orders are not bringing in any cheer for exporters
Merchandise exports shrunk to 12.7% in April on the back of sluggish demand and recession enveloping major markets. This has led to cancelled orders and lower order quantities for exporters in this season.
From Dongguan to Agra: How China+1 sentiment has given a leg up to India's leather industry
The leather and footwear industry in India has started reaping the benefits of the global trend to diversify the supply chain from China.
Budget 2023: What will help India ship $1 trillion worth of goods?
Can India achieve the target of $1 trillion in manufacturing exports by 2028 or before that? While all eyes are on the February 1 budget, here’s what industry experts and exporters want.
Indian leather and footwear exports to WANA region up by 20% in 2022
Opening the India Footwear and Leather Products Show 2022 in Dubai on Monday as part of the Indian government's export promotion drive across global markets, Council for Leather Exports (CLE) Chairman Sanjay Leekha said the growth momentum for Indian exports to the region is all set to see a marked scaling up, particularly in the UAE.
FTAs with UAE, Australia to boost exports, says MoS for Commerce and Industry Anupriya Patel
Patel said exporters of Uttar Pradesh can use these FTAs as an instrument to promote outbound shipments in areas like garments, engineering, handicrafts, handloom textiles, agri processed products and sports goods.
CLE urges government to extend PLI scheme to leather sector
Besides, the market size of the domestic leather and footwear sector will grow from USD 12 billion to USD 20 billion by 2025, he said at the Leather Accessories Footwear Conclave and Awards of North India-LAFCAN-2022.
Leather, footwear exports to cross USD 6 bn in 2022-23: Council for Leather Exports
The industry is also urging the government to extend the Production Linked Incentive (PLI) Scheme to the sector. The government recently approved the Indian Footwear and Leather Development Programme (IFLDP) for continuation from 2021-22 with an approved financial outlay of Rs 1,700 crore. During April-January this fiscal, leather and leather products exports rose by 33 per cent to USD 3.6 billion. The exports stood at USD 3.3 billion in 2020-21 and USD 4.7 billion in 2019-20.
Budget announcement for leather sector to boost exports: Council for Leather Exports
Finance Minister Nirmala Sitharaman in her Budget speech said that to incentivise exports, exemptions are being provided on items such as embellishment, trimming, fasteners, buttons, zipper, lining material, specified leather, furniture fittings and packaging boxes that may be needed by bonafide exporters of handicrafts, textiles and leather garments, leather footwear and other goods.
India seeks duty-free access for leather goods in trade pacts, $10 billion exports by 2025
At an event organised by the Council for Leather Exports (CLE), he also expressed hope that talks for a similar agreement with the GCC (Gulf Cooperation Council) will be launched sometime in January or February next year. Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE are part of the GCC.
Leather exporters urge govt to extend PLI benefits to them
The objective of the scheme is to make domestic manufacturing globally competitive and to create global champions in manufacturing.
Economic indicators provide optimism, but small businesses feel less upbeat
While January numbers indicated a positive momentum for the economy, recovery for the MSME sector still seems a distant dream.
With a low 'turnover' threshold, Government's new MSME definition sows confusion
The dual eligibility criteria of investment and turnover in govt's new MSME definition has led to confusion.
As slowdown bites, exporters get innovative, think ‘out of the box’
The world economy may be facing a slowdown, but exporters have upped the innovation quotient to beat the blues.
Slowdown is imminent in the current economic climate, exporters say
India’s exports are expected to face the brunt of currency devaluation across major economies.
Leather industry will require Rs 3,000 crore additional capital: CLE
The leather industry with an export turnover of 5.6 billion would require an additional capital requirement of "over Rs 3,000 crore" following implementatio...
Leather industry will require Rs 3,000 crore additional capital: CLE
Elaborating, he said small and medium enterprises which comprise 80 per cent of the sector would be unable to make the capital requirement and "may be forced to shut during coming months."
Cavs' LeBron not fretting about loss of Love
BASKETBALL-NBA-CLE:Cavs' LeBron not fretting about loss of Love
Justin Bieber sued for $ 100K for allegedly breaking a person's phone
Pop star Justin Bieber is being sued for $ 100,000 by a man who claimed he destroyed his phone.
India's leather exports to touch $14 bn by FY'17: CLE
After reaching an all-time high exports of $5 billion in 2012-13, exports in the first nine months of the current fiscal witnessed a 20 per cent growth.
Leather exports jump 11.6% in April
India's leather exports jump 11.6 per cent to $367 million in the first month of the current fiscal compared to the same period previous year.
Budget 2013: CLE seeks implementation of 2% interest subvention scheme for leather sector
CLE has sought implementation of 2% interest subvention scheme for entire leather sector.
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