Leather sector witnesses positive growth in oct-dec '09 Business Реклама Recent Posts « » Leather sector witnesses positive growth in oct-dec '09 July 7th, 2008 | Author: admin Leather Sector Witnesses Positive Growth In Oct-Dec '09

While attending the inaugural ceremony of India International Leather Fair, 2010-25th IILF, Habib Hussain, chairman of the Council for Leather Exports (CLE), stated that the sector has started to witness recovery signs since the past few months. Speaking at the inaugural function, Mr Hussain stated, “After clocking a negative performance for a year, the Indian leather industry has finally started to emerge from the shadows of the global recession by registering positive growth figures in October-December 2009.” Mr Hussain further revealed that the domestic leather garments industry has managed to post huge growth and has been able to keep the employment level intact amid the challenging times. He expressed optimism that the government would not only continue extending the existing stimulus package, but also chalk out a growth strategy to help small enterprises capture a larger share of the global market. “We are hopeful that the government will undertake adequate measures in the forthcoming Union Budget 2010-11 to make the SME-dominated leather sector globally competitive,” said Sadi Ahmed, spokesperson of Fashion Leathers, a small leather store supplying leather goods in Kolkata. The 25th IILF 2010 was inaugurated by Dayanidhi Maran, Union minister for textiles, who shared the view of Mr Hussain, stating that the sector could create significant employment opportunities in the coming days. For more detail on Business Directory log on to http://www.bizxchange.in/

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