India
Liberty Shoes expects 35%-45% drop in revenue
India-based footwear firm is expecting up to 45% decline in its revenue in the current fiscal due to COVID-19. Amid coronavirus pandemic, footfall at stores has dropped significantly as customers are avoiding public places and encouraging social distancing
Indian leather sector: exports hit by COVID-19 suffers decline
Exports of the leather sector have been severely affected so far this financial year due to the COVID-19 pandemic, Aqeel Ahmed Panaruna, Chairman of the Council for Leather Exports stated
Von Wellx shifts production from China to India
The Germany-based manufacturer is moving its production from China to India. The project can create thousands of jobs in the Uttar Pradesh region
India: leather industry asks the Government for a lockdown exit plan
One of the key players in the leather industry is now asking the Government to set a plan for the sector once the lockdown is exited next week. The Council for Leather Exports is urging for measures
Indian exporters urge Government to allow production to continue
The Indian authorities have ordered a lockdown in the country to slow the diffusion of the Coronavirus spread. Now, the exporting companies are asking to Government to allow them to continue operations
India and Bangladesh in total lockdown
The two Asian countries have declared total lockdown Tuesday. India and Bangladesh try to set several measures to contain the diffusion of Covid-19 in their borders
Tamil Nadu to get heavy investment from Taiwan
According to what is being reported by Times of India, 2 major Taiwanese investments are taking place in Tamil Nadul, in India
Indian leather industry takes a dive
The Council for Leather Exports (CLE) has shared data regarding the export's performance during the period from April to August, with drops across most categories
Declining exports in India
The weak demand from key European countries impacted the performance of the exports of the Indian leather industry
V Muthukumaran appointed President of Indian Shoe Federation
The Indian Shoe Federation appointed Mr V Muthukumaran, Head of Leather Products, Tata International Limited as President during their AGM in Chennai
Bata India opens its largest experiential store
Footwear retailer Bata India has opened a 6000 square feet experiential outlet in Infiniti Mall, in India
Indian exports reach 5.69 billion US dollars
India’s export of leather and leather products for the last financial year reached 5 691.00 million US dollars, compared to 5 740.97 million US dollars in the previous year. This represents a small decline of 0.87%
Indian Leather industry looking for partnerships in Uganda
A delegation of businessmen from the manufacturing leather industry in India are participating in a trade mission to the African country. CLE is leading the initiative
Indian leather fears supply chain crisis
The leather industry in India is claiming attention for the impacts of the recent decision to impose a sharp export duty cut on raw leather and hide from 60% to 40% in the 2019 Union Budget. The 15% export duty on East Indian tanned leather was also abolished
CBL to operate Vans business in India
Cravatex Brands (CBL) has announced its collaboration with Vans, a brand from the VF Corporation portfolio, to take over its operations in India-
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