Home News News and Press Release Month 5 2012 2012 (5) This
Press Information Bureau Government of India Ministry of Commerce & Industry
09-May-2012 17:05 IST
Targets and Achievements of Leather Export
Leather goods export during the last three years were as follows:
(US$ million)
Year
Actual Export*
2009-10
3404.57
2010-11
3844.86
2011-12
3611.38**
* Source: DGCI & S
**upto December 2011
During 11th Five Year Plan (FYP) Department of Industrial Policy & Promotion (DIPP) implemented a sub scheme “up-gradation /installation of infrastructure for environment protection in leather sector” under Indian Leather Development Programme (ILDP). DIPP proposes to continue this sub scheme during 12th FYP also.
Under this sub scheme, DIPP has approved total six projects of establishment of Common Effluent Treatment Plants and installation of Reverse Osmosis Systems in Tamil Nadu in 2009 with total assistance of Rs.92.50 crore. In order to promote exports of leather sector, Government of India has identified leather sector as a Focus Sector in Foreign Trade Policy, 2009-14 which, inter-alia, includes facilities such as (a) allowing duty free import of critical inputs to the extent of 3% of FOB value of export realization in the previous year, (b) duty credit script of 4% for notified leather products and footwear & 2% duty credit script for finished leather under Focus Product Scheme, (c) Zero Duty Export Promotion Capital Goods Scheme (EPCG) to facilitate import of machinery and (d) 1% duty credit scrip under Status Holders Incentive Scrip Scheme for status holders in leather sector (except finished leather segment) for import of capital goods under actual user condition.
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This information was given by Shri Jyotiraditya M. Scindia , Minister of State for Commerce & Industry in written reply to a question in Rajya Sabha today.
DS/GK