Journey of the Indian Leather Goods Industry |
Posted: June 7, 2018 |
IntroductionLeather has been one of the most vital resources in developmental stages of human civilization, since the prehistoric times. The practice of utilizing dried animal hides for leather has been there ever since the stone age, when man used forms of leather for clothing and shelter purposes for protection against natural calamities. From the perspective of the ever existing Indian leather industry, the quality of leather alongside efficient craftsmanship and mass production, has secured a firm place for any standard Indian Leather Goods Supplier, in the global marketplace. History of Indian Leather IndustrySo India being a part of one of the oldest civilizations, the Indian leather industry also dates back to the 19th century. It has been manufacturing and supplying raw materials as well as leather products to the global market, from this time. In the recent times, this industry is getting more organized in terms of structure and seems to carry a lot of potential to expand further. Although the fashion trends of this modern era has majorly shifted its focus on high-tech fabric materials, but the appeal of genuine leather products are still very much appreciated by the population even today. The global demand for value added and finished leather products, have brought about a transition in the Indian leather industry making it one of the largest exporters from being just a transporter of raw materials. This transition has made quite a positive impact on the indian economy too. Realizing the growth potential of this industry, the government has also been making efforts to promote further advancement and improvement of this industry. In terms of employment also, the industry supports the economy in a big way as it has provided job opportunities to more than 2 million people in this country.
Categories of Leather Products ManufacturedGenerally any large-scale Indian Leather Goods Factory manufactures products in the following grades :
The term “genuine leather” as used by most of the consumers, actually refers to the bottom part of the leather, that is split off from the grain at the grain junction. Besides being termed as genuine leather, it is also referred to as “real leather”. It represents a far superior quality as compared with man made faux leathers. Various leather products like wallets, purses, footwear, shopper bags, belts, flap-overs, cases and much more are being exported on a global basis and this trend has gained pace or momentum in the last two decades. Sectors That Demand and Depend On LeatherThe exports and earnings growth of Indian leather industry has escalated mainly due to the reason that most of the other merchandise industries across diversified sectors need leather on a regular basis for their own product making processes. Listed below are the industries which rely on leather greatly :-
The demand across such industry fields has made the leather industry one of the top 7 industries that earns foreign exchange for its country. Fashion Trends of Genuine LeatherThe modern age has seen fashion trends of blending high tech fabrics with genuine leather materials for producing interesting and attractive looks.The incorporation of leather colour and textures with glossy and satin effects have gained huge acceptance and attraction all over the world in terms for fashion items. Also, classics never get outdated. This holds true for leather as well. Materials and textures that represent the beauty of classics are generally made of flawless smooth leather like Suede leather, Stiff box leather, Patent leather, Sanded Mat leather just to name a few.
Latest DevelopmentsThe Indian Government has taken up numerous initiatives to develop and expand the Indian leather footwear industry. The industry has been de-licensed and de-reserved for providing expanding capacities in the line of state-of-the-art machinery. Foreign Direct Investment through a direct route has also been permitted for the footwear sector. This initiative carries huge potential as already majority of the leather products are exported to global powerhouses like Europe and United States Of America. Lastly, the government has also initiated a 4.5 billion grant for boosting the leather industry, over a span of 5 years. ConclusionSo lastly, it must be said that as demands will continue to increase for leather materials, all around the world, the growth of the indian leather industry will also continue. It has been one of global contributors of leather since a long time and will expand further to bring more success in the Indian economy in the coming days as well. There is a huge scope for the existing companies to build a more broader reputation of their own if they can evolve with the modernized consumer needs and adhere to the basic principles of providing consistent quality, improvised and innovative designs, efficient production processes and most importantly a well managed customer service base.
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