Current Affairs - Economy - Discussion

In the financial year 2024-25 (FY25), India’s leather and non-leather footwear exports experienced a notable growth of 25%, totalling $5.7 billion. This surge reflects strong demand and performance in the sector, supported by initiatives and market expansion efforts. The Council for Leather Exports (CLE) has projected that this upward trend will likely continue, with expectations of crossing the $6.5 billion threshold in FY26. The 25% growth rate underscores the competitiveness and rising global footprint of India’s leather industry, making it a key contributor to the country’s export economy.