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LEATHER INDUSTRY IN INDIA – Standing At 2nd Rank In Footwear Production

INTRODUCTION & SNAPSHOTS :

The leather industry in India stands at 12.9 % of the world’s leather production scenario.

 Leather is a very important industry in India. The mains sectors are fashion, footwear, and interiors. It is bestowed with a lot of skins and labour as well. Moreover, innovative technology seems to take the industry to international standards. The leather exports from India include rawhides, finished goods, and leather garments as well.

LEATHER

India stands  for about 9% of the world’s footwear production. It is one of the top ten FDI earners. The basic growth drivers include the availability of raw material, workforce, as well as government support. In today’s global scenario, it is imperative to connect with other countries abroad. Moreover, globalization is the integration of domestic economy with the world economy. And, India stands to achieve that in a big manner. The media aims to promote awareness and communicate market information on the sector, amidst global agencies.

MARKET SIZE, SCOPE GROWTH INVESTMENT OPPORTUNITIES

The major markets for Indian Leather & Leather Products are as ..

USA with a share of 15.7%, Germany 11.6%, UK 10.5%, Italy 6.5%, France 5.7%, Spain 4.5%, UAE 3.9%, Netherlands 3.4%, Hong Kong 3.3%, China 2.6%, Poland 2.0%, and Belgium 2.0%.

The Leather industry has the tendency to generate 250 jobs for every $ 0.2 mn investment.

Industry Scenario: During the year 2018-19 Exports of leather &leather Products touched $5.5bn.The main goods are footwear expoerts with accounting 49.23% share followed by 55% products mix with gents ,ladies (35%)& childrens 10 %.

Growth factors : Ample raw material availability  help annually India to produce 3bn Sq.ft of leather.

Favourable Govt Supports assistance to states help to exports& considering high potential growth of exports coupled a favourable investment climate with youth power of 55% healthy contributing  as the age group of  workforce is below age 35.

Investible Projects Govt Project is the only one at Present on going in Jharkhand having $4.14mn investment opportunity.

now a prominent global exporter of high quality leather products and footwear. Foreign Direct Investment (FDI) policy now allows 100 percent FDI through automatic route and several other policy initiatives are in place to assist in further development of the industry Total turnover of the Indian leather and footwear industry.

The total turnover of the Indian leather, leather products and industry is estimated to be US$18 billion, of which exports account for US$6 billion and domestic market US$12 billion.

Domestic market in India

  • The Indian retail industry is estimated to be at US$600 billion and is the fifth largest in the world. It accounts for over 10 percent of India’s GDP and is expected to reach US$1 trillion by 2020 (Domestic footwear consumption is expected to reach up to five billion pairs by 2020). The e-commerce sales are expected to touch US$120 billion in 2020 from US$30 billion seen in 2016.
  • Make in India
  • The Indian leather industry is one of the focus sectors under Make in India initiative of the government. Huge production centers in the form of Mega Leather Clusters (MLC) with all required infrastructure are being set up and Vietnamese companies can set-up joint ventures in India for tapping the domestic market or setting up export oriented units. India is emerging as a key production center and several locales have ready grounding / infrastructure / workforce for this industry. The Indian leather industry is today one of the most promising sectors ripe for investment, trade and joint ventures in India, with highlights being:
    – Ready availability of raw material;
    – Excellent tanning facilities;
    – Favorable government policies supporting ‘Make in India’;
    – Permission to 100 percent FDI via automatic route and repatriation of profits and dividends;
    – A vast domestic retail space fuelled by a young population (more than 50 percent below 35 years of age out of about 1.25 billion population)
LEATHER

SCOPE- INVEST INDIA – “WMN” VITAL ROLE IN TERMS OF FDI

”WMN” is playing an important role in all the categories and sectors,
 “ WORLD MEDIA NETWORK” is venturing into a Press Release distribution company covering over 180 countries and more than twenty-five languages across the world. Covering Digital News, Television, Print, Radio, Billboards, Airports, Multiplexes,Talk shows
.

 Press releases are based on Industry   standards and timely Coverages help in business development and scope of growth among  the countries and FDI’s “WMN” is helping upcoming n existing businesses to grow within the perpetual business as the government is  working towards domestic and international Tie-Ups .

Most service-oriented industries need to be promoted through WMN with direct and indirect participation and looking for opportunities for Franchising modules in the world.

“WMN” LEAD GENERATION

There are two types of lead within the lead generation market: sales leads and marketing leads. A Sales lead is generated on the basis of demographic criteria such as FICO score (United States), income, age, home Income, psychographic, etc. These leads are resold to multiple advertisers. Lead generation describes the marketing method of stimulating and capturing interest in a very product or service for the purpose of developing a sales pipeline. Lead generation typically uses digital channels and has been undergoing substantial changes in recent years from the increase of the latest online and social techniques.

MINISTRIES OF THE GOVT.OF INIDA “WORLD MEDIA NETWORK” ASSISTANCE

“ WMN’’ will guide the corporates/ company/ individuals  in  establishing the business in India  depending on  the states to get the required permissions from the Ministries of The Government of India.

The Ministries include

Ministry of Health

Ministry of Railways

Ministry of Power

Ministry of Electronics & Information & Technology

Ministry of Communication

Ministry of Tourism & Transport

Ministry of Civil Aviation

Ministry of Petroleum & Natural Gas

Ministry of Chemicals & Fertilizers.

Ministry of Commerce & Industry

Ministry of Ayush

Ministry of Agriculture & Farmers

Ministry of Department of North East region

Ministry of Earth Sciences

Ministry of Environment, Climate change & Forest

Ministry of External affairs &Finance

Ministry of Fisheries, Animal Husbandry, Dairying

Ministry of Heavy Industries& Public Enterprises

Ministry of Home Affairs, Housing &Urban Affairs.

Ministry of Human Resources Development

Ministry of Information &B broadcasting

Ministry of Jal Shakti

Ministry of Law &Justice

Ministry of Labour &Employment

Ministry of MSME’s

Ministry of Mines

Ministry of minority affairs    

Ministry of New & Renewable Energy 

Ministry of Panchayat  Raj

Ministry of Parliamentary  Affairs

Ministry of Personnel, Public Grievances & Pension

Ministry of Science & Technology

Ministry of Rural Development

Ministry of Road Transport & Highways

Ministry of Shipping

Ministry of Skill Development & Entrepreneurship.

Ministry of Social Justice & Empowerment

Ministry of Steel, Textiles, Tribal affairs.

Ministry of Women & Child Development

Ministry of Youth Affairs & Sports

Ministry of Statistics & Programme Implementation.

RURAL MARKET IN INDIA& INVEST IN INDIA

RURAL MARKET IN INDIA& INVEST IN INDIA

“WMN”STRATEGY

Importance of brand visibility in Rural Markets of India for high brand Recall & Pull. It’s easy to ignore other languages if one the dominant language makes up the majority. While English does make for the majority, there is a section that only consumes content in a regional language and this section could be your most important target audience. To be present Indic content we also encouraging websites to enagage consumers in multiple languages.

”WMN”is going to support in many ways through various resources. In Moral, Development of any country not only depends on the continuous development of the urban areas but also relies on the development of the small towns and rural areas. Government, as well as individual actions together, contribute towards the success of any country as a whole. The Major industries in Rural market segments are mainly covered with as….

1)FARMING

2) ORGANIC FARMING.

3)LIVESTOCK FARMING

4)FISH FARMING

5)FIVE STORES IDEAS ie  SEEDS & FERTILIZERS STORE,GROCERY STORES,ICECREAM & SWEET STORES,CLOTHING & CHEMISTS STORES.etc.

6) DAIRY FARM BUSINESS

7)POULTRY,SMALL SCALE UNITS MANUFACTURING UNITS & CONSTRUCTIONS.

8)LOW BUDGET VILLAGE BUSINESSES etc.