India has potential to become world leader in footwear & leather with efforts of both government & industry: Union Minister Piyush Goyal

• Commerce and Industry Minister Piyush Goyal said that India has the potential to become a world leader in footwear and leather with the efforts of both government and industry. He was addressing the Council for Leather Exports National Export Excellence Award function in New Delhi. Mr. Goyal expressed hope to achieve higher exports than last year - both in goods and services. He asked the leather industry to utilise the free trade agreements being signed by India with various countries to grow.
• The Minister cited the example of the UAE, where exports in the sector registered a jump of 64 percent in November last year as a result of the new agreement. 
• Mr. Goyal emphasised that the Indian Industry has huge untapped potential. The Government is working on formulating a new scheme to support the manufacturing of machinery required in the industry.

                         >> Download Current Affairs PDFs Here

                              Download Sakshi Education Mobile APP

Published date : 04 Jan 2023 06:21PM