About 10 lakh people are employed in the finished leather industry. Photo: Abhijit Bhatlekar/MintNew Delhi: Leather garment and footwear manufacturers have asked the government not to treat semi-finished leather as finished product for export purpose as the move would impact availability of raw material, industry sources said. While exports of semi-finished leather attracts 60% export duty, there is no duty for shipment of finished leather. About 10 lakh people are employed in the finished leather industry. The India’s share in global leather exports and imports is about 3 per cent.

Source: Mint January 07, 2019 12:22 UTC